Hampton Sky Realty Ltd — Updates, 13-05-2025: Company Update
13-05-2025 | 07:54 pm
13-05-2025 | 07:54 pm
Hampton Sky Realty Limited has announced a board meeting approving a corporate guarantee of Rs. 4 Cr in favor of State Bank of India for working capital facilities availed by its 55% subsidiary, M/s Finton Homes. This guarantee creates a contingent liability of up to Rs. 4 Cr on Hampton Sky’s books. The transaction is conducted at arm’s length. This move supports the subsidiary’s operations and could enhance its liquidity, indirectly benefiting the parent company’s business stability.
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