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Opto Circuits in settlement with Yes Bank

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Rs 33.51 crore is the total outstanding amount

Medical devices firm Opto Circuits India has entered into a one-time settlement with Yes Bank for settling total outstanding dues worth Rs 33.51 crore. “The company has entered into one-time settlement with Yes Bank, for settling the total outstanding amount of Rs 33.51 crore, for a consolidated agreed amount of Rs 8.5 crore…,” Opto Circuits India said in a filing to the BSE. This amount is to be paid as per the structured installments by April 2021, it said.

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