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GUJARAT PIPAVAV PORT LTD. - Updates
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08 May 2015
Gujarat Pipavav Port Ltd has informed BSE that In view of its business performance and cash flows, the Board of Directors decided to cancel the ECB loan from IFC and fund the ongoing expansion plan through its internal accruals. The Company had accordingly informed IFC and has now received its confirmation for cancellation of loan. The necessary formalities in that connection are being complied in due course.&lt;BR&gt;&lt;BR&gt;The Company expects the cancellation of loan to not impact timely completion of the project or the Companys ability to pay dividends in future.
View all announcements for GUJARAT PIPAVAV PORT LTD. Source: BSE India