20 Microns Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 11, 2015, inter alia, has considered and approved the following business:<BR><BR>1. Re-Structuring of the Term Loan extended to the Company by the Consortium Bank. The Consortium bank is rescheduling repayment of term loan installments enhancing the period and providing Concessional rate of interest on all sanctioned facilities.<BR><BR>2. Withdrawal of Nomination by the IDBI Bank Limited of its Nominee Director - Mr. Naresh Makhija from the Board of the Company, w.e.f. February 05, 2015.
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