W S Industries India Ltd completes payment to secured lenders

W S Industries India Ltd has made payment to the Secured Lenders viz, Edelweiss Asset Reconstruction Company Limited, Allium Finance Private Limited and IDBI Trusteeship Services Limited (acting in its capacity as trustee for and on behalf of the debenture holders of the Company) (jointly "Edelweiss Group") as per the agreement reached with them for an amount of Rs.18,85,00,000/- against the remaining Debt outstanding.

Upon this payment, the claims of the Secured Lenders on the Company stand released and fully discharged and duly acknowledged as full and final settlement of all the debt owed by the Company to the Secured Lenders.

Source : Equity Bulls

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WSIndustriesIndia Payment SecuredLenders EdelweissGroup EdelweissARC AlliumFinance DebtOutstanding