Brief: Pudumjee Paper Products Unable To Start Payment Of Interim Dividend Due To Yes Bank Moratorium

Pudumjee Paper Products

12/03/2020 11:55

March 12 (Reuters) - Pudumjee Paper Products Ltd  PUDJ.NS :
    * OPENED INTERIM DIVIDEND ACCOUNT WITH YES BANK FOR FUNDING
PAYMENT OF DIVIDEND CO DECLARED ON FEB 24
    * OWING TO YES BANK MORATORIUM, CO NOT ABLE TO START PAYMENT
OF
INTERIM DIVIDEND
    * IN PROCESS OF MAKING ALTERNATE ARRANGEMENT FOR PAYMENT OF
DIVIDEND FROM OTHER BANK

Source text: (http://bit.ly/2TYbBBQ)
Further company coverage:  PUDJ.NS  YESB.NS 

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