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Loan & Debt14 Aug 2026, 03:12 pm

Tarini International Ltd Associate Receives Loan Sanction

AI Summary

Tarini International Ltd has announced that its associate, Tarini Infrastructure Limited, has received a sanction letter from Cholamandalam Investment and Finance Company Limited. The sanction is for a loan facility, secured by an equitable mortgage on a property located in South West Delhi. The Board of Directors of Tarini International Ltd took note of this sanction letter during their meeting held on August 14, 2026. The property involved is land measuring 12 Bigha 3 Biswas. This collateral property creation impacts the listed entity for facilities availed by the associate.

Key Highlights

  • Associate Tarini Infrastructure Ltd secured loan sanction.
  • Collateral is an equitable mortgage on Delhi property.
  • Board of Directors noted the sanction letter.
  • Transaction is on an arm's length basis.