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SHAH ALLOYS LTD. - One Time Settlement (OTS) with Lenders
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03 Feb 2016
Shah Alloys Ltd has informed BSE that Union Bank of India (UBI) and State Bank of India (SBI), one of the Lender Banks of the Company have assigned their entire outstanding debts to the Invent Assets Securitisation and Reconstruction Private Limited (ASRPL). Subsequently, the Company entered into One Time Settlement with ASRPL in respect of entire credit facilities availed by the Company.
View all announcements for SHAH ALLOYS LTD. Source: BSE India