Brief: Bengal Tea & Fabrics to close spinning section at Asarwa mills, Gujarat
14/09/2017 08:40
Sept 14 (Reuters) - Bengal Tea And Fabrics Ltd BENT.BO
* Decided to close spinning section comprising of 14352
spindles, related equipments at Asarwa mills, Gujarat w.e.f.
Sept 15
* Net proceeds from sale will be used to repay existing term
loans and for payment of retrenchment compensation
Source text - http://bit.ly/2y0pCCp
Further company coverage: BENT.BO
((Bangalore.newsroom@thomsonreuters.com;))
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