The loan will be mostly for new projects in Telangana. Normally, loans accumulated interests are capitalized during construction period.
Further development from Kitex – https://www.bseindia.com/xml-data/corpfiling/AttachLive/be0388ff-f3dd-451c-ad6c-a8522351a379.pdf
The news flow is likely indication of QIP or right issue in future.
| Subscribe To Our Free Newsletter |
