17 –NON-CURRENT BORROWINGS
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|
As At |
As At |
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|
March 31, 2020 |
March 31, 2019 |
|
|
₹ in Crores |
₹ in Crores |
Term Loans from Banks at amortised cost |
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|
Secured |
30.00 |
123.19 |
|
Unsecured |
- |
20.00 |
|
Sub-total |
30.00 |
143.19 |
|
Less: Current maturities of Non-Current Borrowings disclosed under "Other Current Financial Liabilities" (Refer Note 22 (a)) |
30.00 |
61.60 |
|
TOTAL |
- |
81.59 |
|
Secured Term Loans:- |
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Term loan from Banks are secured by first pari passu charge by way of hypothecation of all existing movable property, plant and equipment and mortgage of immovable properties of the Company. |
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Repayment Schedule:- |
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(i) Rate of interest of Rupee loan from Banks are in the range of MCLR plus 0.00% to 1.40% p.a. and is repayable on monthly/quarterly basis with last instalment payable from April, 2020 to March, 2026. |
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(ii) Unsecured Term Loan from Banks was repayable on quarterly basis and last instalment paid in September, 2019. |
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