The non-binding offer equates to 20 paise on a rupee on total loans, including the interest component. ISMT had a term loan of Rs 3,359 crore, including interest, as of June 30, 2020, according to a disclosure made by the company to the Bombay Stock Exchange.source https://economictimes.indiatimes.com/industry/banking/finance/kirloskar-ferrous-makes-ismt-a-rs-670-crore-non-binding-offer/articleshow/87448879.cms
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