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BRIEF-Mawana Sugars to enter into one time settlement with Punjab National Bank
March 21, 2017 / 11:33 AM / 6 months ago

BRIEF-Mawana Sugars to enter into one time settlement with Punjab National Bank

March 21 (Reuters) - Mawana Sugars Ltd:

* Says agreed to enter into a one time settlement with Punjab National Bank, Uttar Pradesh

* Says one time settlement for resolution of NPA debt

* Settliing co's total memoranda dues of INR 1.09 billion for consolidated agreed amount of 797.9 million rupees, payable over 15 months without interest Source text: bit.ly/2nFLKki Further company coverage:

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