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Loads Limited approves investment in Associated Companies

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April 10, 2019 (MLN): The Board of Directors of Loads Limited, in their meeting held today, have approved the following investments in associated companies, subject to the approval of shareholders:

Name of subsidiary

Loans

Corporate Guarantee

Total investments in Associated Companies

Hi-Tech Alloy Wheels Limited

4,000,000,000

3,500,000,000

7,500,000,000

Specialized Autoparts Industries (Private) Limited

300,000,000

 

300,000,000

Multiple Autoparts Industries (Private) Limited

150,000,000

 

150,000,000

Specialized Motorcycles (Private) Limited

50,000,000

 

50,000,000

 

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Posted on: 2019-04-10T14:56:00+05:00

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