Rajapalayam Mills Provides Corporate Guarantee of Rs. 30 Crores to State Bank of India for Sandhya Spinning Mill

Rajapalayam Mills Ltd. has provided a corporate guarantee to State Bank of India on behalf of Sandhya Spinning Mill Limited for a loan facility. The guarantee is worth Rs. 30 Crores and is expected to strengthen Sandhya Spinning Mill's creditworthiness, enabling them to borrow at competitive rates and better terms and conditions.