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PRADEEP METALS LTD. - Intimation of Sanction Letter received from Union Bank of India, Hong Kong Branch wrt ECB of USD 2.00 mn to Pradeep Metals Ltd, USA, 100% Subsidiary of the Company
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19 Feb 2015
Pradeep Metals Ltd has informed BSE that Union Bank of India, Hong Kong Branch vide sanction letter dated February 14, 2015 received on February 16, 2015 at 4:30 P.M. (IST), has sanctioned ECB of USD 2.00 mn to Pradeep Metals Ltd, USA, 100% Subsidiary of the Company, for partly financing its cost of acquisition of 51% stake in a CNC Machine Shop at Houston, USA.
View all announcements for PRADEEP METALS LTD. Source: BSE India