Kallam Textiles Ltd has stated that the Government of Andhra Pradesh has paid a sum of Rs33cr (Rupees thirty three crores only) to the company to reimburse interest subsidies under the Andhra Pradesh-Industrial Development Policy (IDP) 2015-20.
Furthermore, Kallam Textiles stated in a regulatory filing that the aforementioned sum was received by the company.
Kallam Textiles was trading at Rs15.85 per piece at 12:26 PM, up Rs0.75 or 4.97 percent.
The scrip previously closed at Rs15.10 on the BSE.