Dalmia Bharat Sugar and Industries Limited — Others, 22-10-2024: Giving guarantees/indemnity/ becoming a surety for third party

Dalmia Bharat Sugar and Industries Limited has granted a guarantee of Rs. 125 Crores to Punjab National Bank to secure working capital facilities for its wholly-owned subsidiary, Baghauli Sugar and Distillery Limited. This agreement represents a contingent liability for Dalmia Bharat on a standalone basis but has no impact on the consolidated financials as Baghauli's accounts are included in Dalmia Bharat's reporting.