Business Update28 Dec 2023, 10:26 pm
DB Realty Ltd Provides Corporate Guarantee of Rs. 45 Crores to Capri Global Capital Limited
AI Summary
The company has approved to provide a corporate guarantee of Rs. 45 crores to Capri Global Capital Limited to secure a term loan facility granted to Esteem Properties Private Limited, a wholly owned subsidiary of the company. The guarantee has been provided on an arm's length basis and will be treated as a contingent liability for the company.,
Key Highlights
- Corporate Guarantee of Rs. 45 Crores
- Wholly Owned Subsidiary
- Arm's Length Basis
- Contingent Liability