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| Exchange Disseminated Time 19/08/2016 17:18:43 | Commercial Syn Bags Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 19, 2016, has considered and approved the following;
1. Approval for availing Credit Facilities upto Rs. 52.15 Crores from Bank of India, Main Branch, Indore (Renewal of existing facilities as well as fresh TL/WL for expansion of Unit SEZ), as per sanction letter dated August 05, 2016.
2. Approval for Expansion of Company’s SEZ Unit situated at Indore Special Economic Zone, Plot No. 15 to 18, Phase-1, Sector-Ill, Pithampur (MP) by setting up of complete manufacturing facilities. |
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