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Loan & Debt24 Sept 2026, 10:06 pm

Aeroflex Neu Ltd: Corporate Guarantee of ₹4 Cr Released

AI Summary

Aeroflex Neu Ltd has announced the release and discharge of a corporate guarantee it had previously furnished to State Bank of India on behalf of Fibcorp Polyweave Private Limited. The guarantee, amounting to ₹4,00,00,000 (Rupees Four Crore only), was originally disclosed on 30 August 2025. The company received official communication from the State Bank of India confirming the release on 24 September 2026. This action signifies the removal of a contingent liability for Aeroflex Neu Ltd.

Key Highlights

  • Corporate guarantee of ₹4 Cr for Fibcorp Polyweave Private Limited has been released.
  • Guarantee was furnished in favour of State Bank of India.
  • Release confirmed by State Bank of India on 24 September 2026.
  • Removes a contingent liability for Aeroflex Neu Ltd.