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Residential- Commercial Projects
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
AJMERA
Residential- Commercial Projects
AJMERA REALTY & INFRA INDIA LTD.

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