INSUBCONTINENT EXCLUSIVE:
Mumbai: Bombay Dyeing and Manufacturing company has said that it is likely to start pre-payment of its debt from the current fiscal year as
cash flows begin to kick in from the realty business, Vishu Peruvemba, chief financial officer said.
The firm was responding to a report in
TheIndianSubcontinent on November 29, which said Bombay Dyeing figured in the list of 77 companies with elevated default risk probability as
than Rs 500 crore from two towers in the Mumbai as we start booking revenues from sales of two towers in the Mumbai in the current fiscal
The company is having a liquid investment worth Rs 1,200 crore in the balance sheet at end September 2018, mainly derived from the value of
investment in Bombay Burmah Trading Corporation.
