Corporate Announcement
Security Code : 541299    Company : DLCL    
 
Intimation Regarding Pre-Payment Of Loan Accounts As Per Objects Of The Issue.Download PDF Download XBRL
  Exchange Received Time  17/07/2018 11:52:30         Exchange Disseminated Time   17/07/2018 11:52:33              Time Taken   00:00:03
This is to bring in the kind attention of all the stakeholders that as per the objects of the public issue, Dr. Lalchandani Labs Limited has done pre-payment of Rs. 11,230,000.00 (One Crore Twelve Lakhs and Thirty Thousand Rupees) and Rs. 216,632.00 (Two Lakhs Sixteen Thousand Six Hundred and Thirty Two Rupees) in respect of two loan accounts running with HDB Financial Services in the name of Dr Lalchandani Labs Limited.

We are pleased to inform our stakeholders that the repayment of the said loans by the company would result in easing the liquidity position of the company since payment of monthly instalments would be reduced to the extent of debt repaid, further lowering down the amount of interest payable in respect of the said loans.
 

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