Deals11 Nov 2025, 05:24 pm
Sejal Glass Issues Corporate Guarantee for AED 10 Million to Bank of Baroda, UAE
AI Summary
Sejal Glass Ltd has issued a Corporate Guarantee in favor of Bank of Baroda, UAE for credit facilities availed by Sejal Glass and Glass Manufacturing LLC, its material subsidiary. The guarantee is for an amount of AED 10,000,000 (Arab Emirates Dirhams Ten Million only). The transaction is done at arm's length and there is no impact on the company other than disclosure in the financial statements.
Key Highlights
- Sejal Glass issues Corporate Guarantee for AED 10 Million
- Guarantee issued in favor of Bank of Baroda, UAE
- Guarantee for credit facilities availed by Sejal Glass and Glass Manufacturing LLC
- Transaction done at arm's length
- No impact on the company other than disclosure in financial statements