S Kumars Nationwide Limited (SKNL) News
CBI Spokesperson RC Joshi said the company was engaged in the business of manufacturing high-value fine cotton fabrics and home textiles
The company had availed credit from a consortium of banks led by IDBI bank
Joshi said promoters/directors of the company were booked for allegedly "misusing/diverting the bank funds during the period 2012 to 2018"
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