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BRIEF-Bengal Tea & Fabrics to close spinning section at Asarwa mills, Gujarat
September 14, 2017 / 7:48 AM / 7 days ago

BRIEF-Bengal Tea & Fabrics to close spinning section at Asarwa mills, Gujarat

Sept 14 (Reuters) - Bengal Tea And Fabrics Ltd

* Decided to close spinning section comprising of 14352 spindles, related equipments at Asarwa mills, Gujarat w.e.f. Sept 15

* Net proceeds from sale will be used to repay existing term loans and for payment of retrenchment compensation Source text - bit.ly/2y0pCCp Further company coverage:

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