Supreme Holdings & Hospitality (India) has informed the exchanges that it has fully repaid the Term Loan of ₹41.10 crore availed by iteself from Oriental Bank of Commerce, Cuff Parade, Mumbai, for its residential project at Pune. The company is now in the process of releasing the charge created by Oriental Bank on Pune land as a security for repayment of the Term Loan. Shares may react positively to the development.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.