SINDHU TRADE LINKS L

532029
End-of-day quote. End-of-day quote  - 11/26
629.85INR -0.21%

Sindhu Trade Links Limited's Subsidiary Param Mitra Coal Resources Pte. Limited Enters into an Amendment Agreement with Azalea Investment Holdings for Term Loan

03/26/2021 | 06:22am
Sindhu Trade Links Limited announced that Param Mitra Coal Resources Pte. Limited has entered into an Amendment Agreement with Azalea Investment Holdings Limited whereby the amount of term loan has been increased to USD 34 Million from USD 30 Million and repayment dates of respective tranches of the term loan has been extended by 6 months. Sindhu Trade Links Limited, have executed guarantee Amendment and Extension Deed between the company and Azalea Investment Holdings Limited for the following: a) June 2018 Guarantee has been amended to increase the guarantee amount to USD 34 Million from present USD 15 Million along with the extension of Repayment period of 6 months respectively for each tranche of loan. b) August 2018 guarantee has been terminated.
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