Lactose (India) Limited has re-paid the entire loan amount of Rs. 43,00,00,000/- (Rupees Forty Three Crores Only) obtained from Piramal Housing and Capital Finance Limited pursuant to which the Company received No Dues Certificate on 20th August, 2019.
Out of Rs. 43 crores, Term Loan Facility Agreement was Rs. 41,00,00,000/- (Rupees Forty One Crores Only) and Working Capital Facility Agreement was Rs. 2,00,00,000/- (Rupees Two Crores Only).
The Term Loan Facility Agreement was signed on 24th July, 2017 and Working Capital Facility Agreement was entered into on 20th March, 2019.
Shares of LACTOSE (INDIA) LTD. was last trading in BSE at Rs.27.7 as compared to the previous close of Rs. 28.45. The total number of shares traded during the day was 12527 in over 68 trades.
The stock hit an intraday high of Rs. 29.85 and intraday low of 27.15. The net turnover during the day was Rs. 368013.