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Loan & Debt1 Aug 2026, 03:30 pm

Tarini International Ltd Creates Equitable Mortgage for Associate

AI Summary

Tarini International Limited announced that its Board of Directors, in a meeting held on August 1, 2026, approved the creation of an equitable mortgage over its immovable property. This collateral is in favor of Cholamandalam Investment and Finance Company Limited (NBFC) and serves to secure credit facilities availed for the business enhancement of an associate company, Tarini Infrastructure Limited. The property is located in South West Delhi. The transaction is stated to be on an arm's length basis, with Tarini Infrastructure Limited being a material associate of the Promoter Company. This action creates a charge on the listed entity's property.

Key Highlights

  • Equitable mortgage created over immovable property.
  • Collateral secures credit facilities for an associate company.
  • Transaction is on an arm's length basis.
  • Property located in South West Delhi.