Sundaram Multi Pap repay outstanding debts of SBI and IDBI Bank

Sundaram Multi Pap announced that ECL Finance has disbursed Loan of Rs.25 crore to the Company and further Company has repaid the entire outstanding of Term Loan & Cash Credit facilities of State Bank of India & Cash Credit facilities of IDBI Bank (including Right of Recompense of State Bank of India & IDBI Bank) and hence company is successfully released from the Restructuring of Banking limits.

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