Eastern Silk Industries Ltd

Eastern Silk Industries Completes Creditor Payments & Approves ₹29 Cr Loan Conversion 📊

- Full and final payment to creditors completed as per NCLT-approved Resolution Plan

- Board approved conversion of ₹29 crore unsecured loan into equity shares

- Equity conversion price set at ₹2 per share

- Conversion can be executed in one instance or in parts as needed