
New Delhi (India), February 5: BSE listed Sindhu Trade Links Limited is pleased to inform that in terms of Company Managements decision to become debt-free, it has reduced its bank-debt by Rs. 1041.5 million, almost 1/3rd of its peak bank-debts.
With promoters’ persistence, the company dared to initiate this debt reduction program during the previous financial year itself, wherein businesses across the world were considerably disturbed by outburst of Covid-19 pandemic, and is continuing thereafter with tenacity to reduce bank-debt every quarter, and accordingly Rs. 784.7 million bank-debt has been repaid by the Company in first 9 month of the current financial year.
Commenting on the development, Mr. Satya Pal Sindhu, Managing Director of the Company said “I am very happy that we are moving towards becoming a Zero Debt Company, repayment of bank-debts amounting more than Rs. 1000 million in last 15-18 months not only shows resolve of the company management but also signifies company’s financial strength. The bank-debt reduction ’ll result into huge perpetual savings in interest expense, increased profitability and stronger financials, better credit ratings etc. We are working on other alternative plans also to augment the long-term resources in order to reduce the bank-debt further and confident of becoming debt-free earlier than the envisaged timelines.”
Sindhu Trade Links Limited (STTL) is flagship company of the conglomerate engaged in the business of logistics, transportation, mining, coal beneficiation, power generation, sponge iron and steel, stock broking, media, finance, food processing park, and Real Estate.
Headquartered in Delhi-NCR, STTL is a ‘one-stop shop’ for a wide spectrum of support services required for mining and allied activities, logistics and transportation. STTL’s has 5 subsidiaries and associates, involved in diversified businesses, namely 1. Hari Bhoomi Communications Private Limited-Media Business, 2. Sudha Bio Power Private Limited – Bio Mass Based Power Generation, 3. Indus Best Mega Food Park Private Limited – Development of Food Park for Food Processing Industries, 4. Shyam Indus Power Solutions Private Limited – EPC of Power Distribution, Power Transmission, Railway OHE, Railway Track Laying, and 5. Param Mitra Resources Pte. Limited – Overseas Coal Mining. For Overseas Coal Mining businesses, the Company has several step-down subsidiaries, associates, joint ventures in Australia, Hongkong, Singapore and Indonesia.
The Equity Shares of STTL are listed on BSE (Scrip Code: 532029) with ISIN: INE325D01025
(NSE Listing-applied and awaited)
I used to be recommended this web site by means of my cousin.
I’m now not sure whether this publish is written through him as
no one else understand such particular about my difficulty.
You are amazing! Thank you!
Satu hal yang harus mereka pelajari dan tentu saja harus mereka ketahui adalah permainan slot online. Di bawah ini saya telah menyediakan syarat dan cara aktivitas mesin Slot Online. Langsung saja kita ikuti uraian postingan dibawah ini dengan benar.
Ada berbagai macam keseruan yang akan Anda hadapi saat bermain Judi Slot Online. Ada baiknya memilih permainan slot online yang memiliki kemampuan menang besar dan pelajari pembayaran yang akan didapatkan serta peluang mendapatkan jackpot di slot online
Permainan Togel Online Singapore ini sangat digemari oleh para pemain togel karena togel singapore waktu mengeluarkan sangat cepat dan togel singapore akan out live pukul 17.35 WIB pada hari Senin, Rabu, Kamis, Sabtu dan Minggu.
Game judi bola online sudah menjadi permainan paling populer yang seringkali dimainkan oleh para member, untuk bisa bermain dan memenangkan taruhan terbesar tentunya anda harus menemukan Situs Judi Bola yang terpercaya seperti Pialasport.
I really enjoy examining on this internet site, it contains wonderful posts. “Those who complain most are most to be complained of.” by Matthew Henry.
I like the helpful information you provide in your articles. I will bookmark your weblog and check again here frequently. I’m quite certain I’ll learn a lot of new stuff right here! Best of luck for the next!
Hmm is anyone else experiencing problems with the pictures on this blog loading? I’m trying to determine if its a problem on my end or if it’s the blog. Any feed-back would be greatly appreciated.
Hello my family member! I want to say that this post is amazing, great written and include almost all significant infos. I would like to look more posts like this.
Hi! Would you mind if I share your blog with my zynga group? There’s a lot of people that I think would really enjoy your content. Please let me know. Thanks
I just could not depart your site before suggesting that I really enjoyed the standard information a person provide for your visitors? Is gonna be back often to check up on new posts
Very efficiently written story. It will be valuable to anybody who utilizes it, including yours truly :). Keep up the good work – for sure i will check out more posts.
Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.
I like this weblog very much, Its a real nice berth to read and find info .
You made some clear points there. I did a search on the issue and found most guys will agree with your blog.
Heya i am for the primary time here. I came across this board and I to find It truly helpful & it helped me out much. I hope to give something again and help others such as you helped me.
I cherished as much as you’ll receive carried out proper here. The sketch is attractive, your authored material stylish. nonetheless, you command get bought an shakiness over that you want be handing over the following. ill certainly come further previously again as exactly the similar just about very ceaselessly inside of case you defend this hike.
Susah mencari tempat bermain yang terpercaya dan terbaik, Player disini menang tiap hari z-italia.org tempat bermain online yang terbaik dengan game game terupdate
I’m not sure exactly why but this website is loading incredibly slow for me. Is anyone else having this problem or is it a problem on my end? I’ll check back later and see if the problem still exists.
I besides believe hence, perfectly composed post! .
Outstanding post, I think website owners should learn a lot from this web blog its real user pleasant.
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! By the way, how could we communicate?
Way cool, some valid points! I appreciate you making this article available, the rest of the site is also high quality. Have a fun.
Once I initially commented I clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I get 4 emails with the identical comment. Is there any manner you can remove me from that service? Thanks!
Some genuinely wonderful posts on this site, regards for contribution. “An alcoholic is someone you don’t like who drinks as much as you do.” by Dylan Thomas.
Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.