Received final subsidy tranche of Rs 3.27 Crore from MP Government
RAJRATAN · price
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Rajratan Global Wire received Rs 3.27 Crore as the final installment of Investment Promotion Assistance from MP Industrial Development Corporation, a Madhya Pradesh government undertaking, under the state's Investment Promotion Assistance Scheme. The total sanctioned subsidy was Rs 22.92 Crores spread over 7 years, with Rs 3.27 Crore paid yearly. This receipt closes out the assistance claim.
Modest positive: final subsidy installment received, adding to cash flow. Already sanctioned earlier, so limited new stock impact.