Kirloskar Ferrous makes ISMT a Rs 670 crore non-binding offer
The non-binding offer equates to 20 paise on a rupee on total loans, including the interest component. ISMT had a term loan of Rs 3,359 crore, including interest, as of June 30, 2020, according to a disclosure made by the company to the Bombay Stock Exchange.
via Economictimes
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