StockWatch
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Waste Management
Loan & Debt23 Jun 2026, 07:30 pm

Antony Waste Subsidiary Gets ₹50 Cr Corporate Guarantee

AI Summary

Antony Waste Handling Cell Ltd has issued a corporate guarantee of ₹50 crore on behalf of its material subsidiary, Antony Lara Enviro Solutions Private Limited. The guarantee is in favor of Oxyzo Financial Services Limited and pertains to credit facilities availed by the subsidiary. The company stated that this transaction is at arm's length and does not involve any interest from promoters or group companies. The corporate guarantee represents a contingent liability for Antony Waste Handling Cell Ltd, with no immediate impact unless the subsidiary fails to meet its repayment obligations.

Key Highlights

  • Corporate guarantee of ₹50 crore issued for subsidiary Antony Lara.
  • Guarantee is in favor of Oxyzo Financial Services Limited.
  • Transaction is at arm's length, no promoter/group interest.
  • Represents a contingent liability for the parent company.