Mysore Cements becomes zero-debt company

New Delhi, Sep 26: Cement major Mysore Cements Ltd today said it has become a zero debt company, after repaying all its debts to various financial institutions.

The company said it has repaid the entire term loans/debentures alongwith up-to-date dues on final settlements with various institutions and banks.

The company has paid off its debt to ICICI Bank Ltd, Industrial Development Bank of India Ltd, IFCI Ltd and the Federal Bank Ltd (term loan only).

UNI