Loan & Debt11 Feb 2026, 11:51 am
KMC Speciality Hospitals to Provide Corporate Guarantee for Rs. 98.57 Crs Loan to Holding Company
AI Summary
KMC Speciality Hospitals (India) Limited, in accordance with Regulation 30 of SEBI (LODR) Regulations 2015, will provide a corporate guarantee for a loan of up to Rs. 98.57 Crs availed by its holding company, Sri Kauvery Medical Care (India) Limited, from State Bank of India. The guarantee is within the limits approved by the shareholders under Section 186 of Companies Act 2013 at the AGM held on 28 September 2020. The holding company has also provided a corporate guarantee for a loan availed by KMC Speciality Hospitals.
Key Highlights
- KMC Speciality Hospitals to provide corporate guarantee for Rs. 98.57 Crs loan to Sri Kauvery Medical Care (India) Limited
- The guarantee is within the limits approved by shareholders under Section 186 of Companies Act 2013
- The holding company, Sri Kauvery Medical Care (India) Limited, has also provided a corporate guarantee for a loan availed by KMC Speciality Hospitals
- The transaction is at arm's length basis
- No immediate impact of this guarantee on KMC Speciality Hospitals at this point
Price Impact
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