Sandhar Technologies Limited — Others, 27-02-2025: Giving guarantees/indemnity/ becoming a surety for third party
27-02-2025 | 06:15 pm
27-02-2025 | 06:15 pm
Sandhar Technologies Limited has issued a Corporate Guarantee for its wholly-owned subsidiary, Sandhar Engineering Private Limited, to facilitate a term loan facility of ₹16 crore with Bajaj Finance Limited. This guarantee introduces a contingent liability for Sandhar Technologies but will not impact the consolidated financials, as Sandhar Engineering's accounts are included in the parent company's consolidation. Investors may see this as a neutral impact, reflecting the company's continuing support for its subsidiary's financing needs without altering its overall financial position.
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