Investment12 Mar 2026, 06:53 pm
Lloyds Engineering Works Ltd Enhances Corporate Guarantee to 109 Crore for Techno Industries Private Limited
AI Summary
Lloyds Engineering Works Ltd has announced the enhancement of a Corporate Guarantee from 359 Crore to 3109 Crore in favour of HDFC Bank Limited for the credit facilities availed by Techno Industries Private Limited, its Wholly Owned Subsidiary. The Executive Committee of the Board of Directors approved the enhancement at its meeting held on March 12, 2026. The guarantee is for the credit facilities used by Techno Industries Private Limited.
Key Highlights
- Lloyds Engineering Works Ltd enhances Corporate Guarantee to 109 Crore for Techno Industries Private Limited.
- The guarantee is for the credit facilities used by Techno Industries Private Limited.
- The enhancement was approved by the Executive Committee of the Board of Directors.
- The Corporate Guarantee was initially 359 Crore and has been enhanced to 3109 Crore.
- The guarantee is in favour of HDFC Bank Limited.