Corporate Announcement
Security Code : 532641    Company : NDL    
 
Announcement Under Regulation 30 (LODR)- Sanction Of SubsidyDownload PDF Download XBRL
  Exchange Received Time  03/09/2018 12:30:17         Exchange Disseminated Time   03/09/2018 12:30:21              Time Taken   00:00:04
Nandan Denim Limited has informed the exchange that the application made by the Company for sanction of various incentives (Interest, Power, VAT / GST) under Gujarat State Textile Policy, 2012 has been approved by concerned authorities.

This will enable the Company to receive refund of GST / VAT over a period of eight years starting from 31st December 2016. In addition, the Company is entitled for subsidy on Power and Interest incentive for a period of five years beginning from 31st December, 2016.
 

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