Sirpur Paper to raise Rs 400 crore
New Delhi, Feb 3 (UNI) Sirpur Paper Mills Ltd, an integrated pulp and paper manufacturing company, today said it will raise Rs 400 crore through borrowings.
The members of the company have authorised its board to borrow from banks, financial institutions, firms and individuals, create mortgage on properties to raise the sum as and when needed.
The money will be utilised for the purpose of the business of the company, a statement said.
UNI
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