WS Industries planning to avail additional financing facility up to Rs 15 crore

04 Oct 2018 Evaluate

WS Industries (India) is planning to avail additional financing facility in a phased manner not exceeding Rs 15 crore to part-finance the company requirements. The company is also planning for creation of mortgage on land belonging to the company admeasuring approximately 16.40 acres situated at Porur Village, Maduravoyal Taluk, Thiruvallur District to secure the aforesaid Loans.

The Board of the company at their meeting held on October 04, 2018, discussed the same.

WS Industries (India) is engaged in the manufacture of high voltage electro-porcelain transmission and sub-station insulators for the electrical transmission and distribution sector.

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