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Private Sector | Not Classified - india | PID: 76895

Value:

104.03Crore | Telecom Infrastructure Firm Shilpi Cables Technologies Ltd (SCTL) Said It Has Received A Loan Sanction Of Rs 104.03 Crore From SBI, IDBI And Other Banks To Fund Its Expansion

The Loan Sanction Includes Rs 41 Crore From State Bank Of India (SBI), Rs 21.5 Crore From Karur Vyasya Bank And Rs 41.53 Crore From IDBI, SCTL Said

The Funds Will Be Deployed Towards Working Capital And Other Expansion Related Needs To Cater To The Cables Demand Generated By Mobile Operators After 3G Allocation, It Added

Shilpi Cables, A Delhi-Based Company Currently Manufactures Telecom, Automobile And Energy Cables In India

| Updated on: 27 - May - 2010

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