Precision Camshafts gets nod to grant foreign currency loan to subsidiary
Precision Camshafts has received an approval to grant a Foreign Currency loan of EURO 3,150,000 (i.e approximately Rs 26 crore) to PCL (International) Holdings B.V., Netherlands, a Wholly Owned Subsidiary of the company to meet the funds requirements for strategic investments. The Board of Directors of the company at their meeting held on November 14, … Read more