State Bank of Travancore sanctions Rs.20 crores to Mohit Industries expansion plans

With reference to the earlier announcement dated October 10, 2006 regarding the proposed expansion cum diversification programme worth around Rs 90.00 Crore, Mohit Industries Ltd has announced that State Bank of Travancore have sanctioned a term loan of Rs 20.0O Crore to part finance the above expansion project.

Source : Equity Bulls

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