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Dalmia Bharat Sugar and Industries LimitedOthers, 04-11-2024: Giving guarantees/indemnity/ becoming a surety for third party

04-11-2024 · 09:14 pm

Dalmia Bharat Sugar and Industries Limited has granted a Rs. 100 Crore corporate guarantee to Bandhan Bank for a term loan to its wholly-owned subsidiary, Baghauli Sugar and Distillery Limited. This guarantee will be recorded as a contingent liability on a standalone basis, while having no impact on a consolidated basis due to the consolidation of BSDL's accounts.

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