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| Exchange Disseminated Time | Kriti Industries India Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
The Company has informed BSE that the promoters companies have pledged their shares as collateral security for the term loan of Rs 12.50 Crores and working Capital loan of Rs 10.00 Crores on September 25, 2008 sanctioned to the Company by IDBI Bank Ltd.
1. Name of the Promoter Company : Sakam Trading Pvt Ltd
No of shares pledged : 6786940
Name of the Bank : IDBI Bank Ltd
Purpose of pledging : Collateral security for loan taken by Company.
2. Name of the Promoter Company : Chetak Builders Pvt Ltd
No of shares pledged : 5580700
Name of the Bank : IDBI Bank Ltd
Purpose of pledging : Collateral security for loan taken by Company. |
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