Brief: Hind Rectifiers undertakes expansion plan at Nasik plant

Hirect

27/03/2017 11:02

March 27 (Reuters) - Hind Rectifiers Ltd  HRCT.NS  
    * Says has undertaken expansion plan at Nasik plant 
    * Says approx cost of plan is 94 million rupees 
    * Says company propose to fund 70 million rupees via term 
loan and 24 million rupees from retained earning/earlier 
incurred 
 
Source text - (http://bit.ly/2nZFpjN) 
Further company coverage:  HRCT.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))