Brief: Gna Axles Says Co Approved Proposal To Avail Term Loan Of 700 Mln Rupees From Bajaj Finance

Gna Axles

26/04/2018 08:00

April 26 (Reuters) - GNA Axles Ltd  GNAA.NS :
    * SAYS CO APPROVED PROPOSAL TO AVAIL TERM LOAN OF 700
MILLION
RUPEES FROM BAJAJ FINANCE
    * SAYS LOAN FOR PURPOSE OF PROCURING MACHINERY FOR
MANUFACTURE OF
AXLES SHAFTS FOR LCV'S, SMALL PICK UPS AND SUV'S AT KAPURTHALA

Source text for Eikon:  ID:nBSE9fZFkf 
Further company coverage:  GNAA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))