Indian Metals & Alloys prepays long-term debt of Rs 127.65 cr

Indian Metals & Alloys has prepaid long-term debt of Rs 127.65 crore, bringing the total prepayment to Rs 308.65 crore.

After the payment of normal installments for the quarter ending March 31, 2022, the Company will have various loans of Rs 14.28 crore which will be paid as per standards due to unfavorable prepayment conditions.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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John A. Bogar