Brief: Carnation Industries Accepts One Time Settlement With PNB and SBI
Oct 31 (Reuters) - Carnation Industries Ltd CARN.BO :
* SAYS ONE TIME SETTLEMENT WITH BANKS
* PUNJAB NATIONA! BANK HAS GIVEN THE COMPANY TIME TILL
FEBRUARY
CLEAR ALL DUES IN STAGES
* CARNATION INDUSTRIES -ACCEPTED ONE TIME SETTLEMENT
PROPOSAL FROM
STATE INDIA, SAMB-II BRANCH & PUNJAB NATIONAL BANK, C.R. AVENUE
BRANCH CLEARING DUES
Source text for Eikon: ID:nBSE6htyYk
Further company coverage: CARN.BO
((Reuters.Briefs@thomsonreuters.com;))
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