
Investment30 Mar 2026, 04:11 pm
Ajmera Realty Extends Corporate Guarantee of Rs. 70.01 Crores to Anirdesh Developers
AI Summary
Ajmera Realty & Infra India Ltd. has announced that its Finance and Investment Committee has approved the extension of a corporate guarantee for a credit facility of Rs. 70,01,00,000/- (Rupees Seventy Crore and One Lakh only) to Anirdesh Developers Private Limited from RBL Bank Limited. This decision was made at a meeting held on March 30, 2026. Anirdesh Developers is a subsidiary company of Ajmera Realty & Infra India Limited, making it a related party. The guarantee is extended at arm's length and there is no significant impact on the company other than disclosure in the financial statements.
Key Highlights
- Ajmera Realty extends guarantee to Anirdesh Developers
- Guarantee amount is Rs. 70,01,00,000
- Guarantee is for a credit facility from RBL Bank Limited
- Anirdesh Developers is a subsidiary of Ajmera Realty
- Guarantee extended at arm's length