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You can view the entire text of Notes to accounts of the company for the latest year

BSE: 521030ISIN: INE559B01023INDUSTRY: Textiles - Processing/Texturising

BSE   ` 0.19   Open: 0.19   Today's Range 0.19
0.19
+0.00 (+ 0.00 %) Prev Close: 0.19 52 Week Range 0.19
0.46
Year End :2015-03 
1. Term Loans

a Term loan of Rs. 250 crores (Phase I) and Term loan of Rs. 153 (Phase II) are secured by Pari Passu first charge on all existing immovable and movable assets of the company situated and proposed to be situated at Block No. 17 to 19 at Karanj and Block No. A/1. B/1, M/1 at Textile Park, Hathuran and second charge oh all Current Assets of the company.

2. Corporate Loans

a Corporate loan from Syndicate Bank is secured by EMT of Land and Hypothecation oi 9 wind mills situated at Tirunelveli, Talmilnadu. b Corporate loan from Indian Overseas Bank is secured by Hypothecation of 7 wind miils situated at Ratlam.M.P.

3. CONTINGENT LIABILITIES AND COMMITMENTS

a. Estimated amount of contracts remaining NIL NIL to be executed on captial Accounted and not provided for

b. Counter guarantees given to banks               NIL        738.71