Revathi Equipment India Limited — Others, 31-03-2025: Giving guarantees/indemnity/ becoming a surety for third party

Revathi Equipment India Limited has issued a corporate guarantee in favor of HDFC Bank and ICICI Bank, securing loans amounting to ₹64 crores and ₹30 crores, respectively, for Semac Consultants Limited, a related party. This guarantee, while a contingent liability for the company, currently does not have a direct impact on its financial status. The arrangement is structured at arm's length, reflecting the ties within the promoter group. Investors may view this move as a demonstration of support for related operations, potentially enhancing confidence, while maintaining a watchful eye on future liabilities.