IOL Chemicals and Pharmaceuticals has made the pre-payment of term loan of Rs 27.57 crore due to banks on May 29, 2019 in addition to regular repayment schedule. Thus, the company made the pre-payment of term loan of aggregate amount of Rs 47.62 crore till May 29, 2019, to reduce the debt of the company.
IOL Chemicals and Pharmaceuticals is a leading organic chemicals manufacturer and supplier in India.