Loan & Debt6 Aug 2026, 04:40 pm
Lloyds Engineering Gives ₹130 Cr Corporate Guarantee for Associate
AI Summary
Lloyds Engineering Works Ltd announced that its Board of Directors has approved the issuance of a Corporate Guarantee for credit facilities amounting to ₹130 Crore on behalf of its associate company, Lloyds Infrastructure & Construction Limited. This guarantee does not have any immediate impact on the listed entity. The company has provided detailed disclosures as required by SEBI regulations, confirming that promoters or promoter groups do not have any interest in this transaction, and it is conducted at arm's length.
Key Highlights
- Corporate Guarantee of ₹130 Crore approved for associate company.
- Guarantee is for credit facilities of Lloyds Infrastructure & Construction Limited.
- No promoter/promoter group interest in the transaction.
- Transaction is conducted at arm's length.
- No immediate impact on the listed entity.
Price Impact
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