By: ICN Bureau
Last updated : February 27, 2021 9:15 am
The tenure is for 7 years including 2 years moratorium period.
Gujarat Alkalies and Chemicals Limited has entered into an agreement for availing External Commercial Borrowing (ECB) facility of US$ 70 million (equivalent to maximum of Rs.500 crore) from State Bank of India.
The ECB facility agreement was executed on Feb 24, 2021 between borrower and original lender/agent. The tenure is for 7 years including 2 years moratorium period.