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Alok Industries has received an additional advance amounting to $25 million on August 31 under the Export Performance Bank Guarantee Scheme (EPBG), taking the total export advance received till date to $775 million. Earlier on January 13, March 20, July 6, August 19 and August 24, the company had received a total of $750 million under the EPBG scheme out of the targeted $1,633.33 million equivalent to about ₹9,800 crore. Shares of Alok Industries closed at ₹5.85, unchanged from Friday’s trading level on the NSE.
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