Brief: Gayatri Sugars says it has been declared as sick industrial co

Gayatri Sugars

01/11/2016 11:25

Nov 1 (Reuters) - Gayatri Sugars Ltd  GASU.BO  
    * Says intimation of declaration of sickness by BIFR 
    * Says expects deferment of payment of installments with 
interest due and waiver of penal interest with some secured 
creditors 
    * Says expects exemption from levy of duties, cess and taxes 
as applicable to sugar, co-gen and distillery products 
    * Says expects waiver of interest and penalty on delayed 
payment of purchase tax 
    * Says expects grant of finer rate of interest 
 
Source text: http://bit.ly/2ePSVBn 
Further company coverage:  GASU.BO  
 
 (Bengaluru newsroom) 
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