Subsidiary28 Oct 2026, 06:30 pm
ArisInfra Guarantees ₹3.9 Cr for Subsidiary White Roots Infra
AI Summary
Arisinfra Solutions Ltd has provided a Corporate Guarantee of up to ₹3,90,00,000 (₹3.90 Crore) on behalf of its subsidiary, White Roots Infra Private Limited. This guarantee is to secure credit facilities extended to the subsidiary by the State Bank of India. The company stated that the promoter/promoter group has no interest in this transaction, and it is conducted on an arm's length basis. The guarantee is considered a contingent liability for Arisinfra Solutions Ltd, with no immediate impact on the company as the subsidiary is part of the consolidated group.
Key Highlights
- ArisInfra provides ₹3.90 Crore corporate guarantee for subsidiary.
- Guarantee secures credit facilities for White Roots Infra from SBI.
- Transaction is on an arm's length basis with no promoter interest.
- Corporate guarantee represents a contingent liability for ArisInfra.
Price Impact
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