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Alok Industries Ltd. - Updates

By Religare

With reference to the earlier announcement dated January 13, 2015, March 20, 2015, July 06, 2015, August 19, 2015 and August 24, 2015, regarding the receipt of USD 750 million under the Export Performance Bank Guarantee Scheme (EPBG) backed export advance scheme out of the targeted USD 1633.33 million equivalent to about Rs. 9800 crores.

Alok Industries Ltd has now informed BSE that the Company have received an additional advance amounting to USD 25 million on August 31, 2015 under the said scheme taking the total export advance received till date to USD 775 million.

Story first published: Monday, September 7, 2015, 23:00 [IST]
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