Loan & Debt21 May 2026, 07:51 pm
Samhi Hotels to Guarantee ₹453.1 Cr Loan for Subsidiary
AI Summary
Samhi Hotels Ltd will execute a Deed of Guarantee & Undertaking in favor of Citibank N.A. India (or the Security Trustee) for a loan facility of up to ₹453.1 Cr availed by its wholly-owned subsidiary, SAMHI Hotels (Ahmedabad) Private Limited. This guarantee is in accordance with the rupee facilities agreement and SEBI LODR Regulations. The company states that this guarantee has no impact on the listed entity.
Key Highlights
- Samhi Hotels guarantees loan facility up to ₹453.1 Cr for subsidiary.
- The loan is availed by SAMHI Hotels (Ahmedabad) Private Limited.
- Guarantee provided to Citibank N.A. India (or Security Trustee).
- Transaction is at arm's length and complies with regulations.
- Company states there is no impact of the guarantee on the listed entity.
Price Impact
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