Gujarat Alkalies and Chemicals Limited (Borrower) has entered into an Agreement on 24th February 2021 for availing External Commercial Borrowing (ECB) facility of USD 70 Million (USD Seventy Million only) from State Bank of India (Original Lender or Agent). To avail borrowings in the form of External Commercial Borrowings (ECB) to meet capex requirements of Chlorornethane Plant of the Borrower (''Facility"). Tenure: 7 years including 2 years Moratorium Period. Repayment Schedule: In 10 equal half yearly installments after a Moratorium Period of 2 years from the date of first disbursement.