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Vikas Ecotech clears Rs 101cr dues
Recycling company Vikas Ecotech on Monday said it has paid Rs 101 crore dues to its lenders and is aiming to become debt-free by financial year 2023-24.
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New Delhi: Recycling company Vikas Ecotech on Monday said it has paid Rs 101 crore dues to its lenders and is aiming to become debt-free by financial year 2023-24. “The company has till date paid a debt of Rs 1012 million (Rs 101.2 crore) to its lenders and the outstanding amount remains at Rs 600 million (Rs 60 crore),” Vikas Ecotech said in a statement. Out of Rs 60 crore, the company said it intends to pay back Rs 10 crore in the current quarter ending September 30, 2023.
