Pranik Logistics Limited — Others, 13-06-2025: Giving guarantees/indemnity/ becoming a surety for third party

Pranik Logistics has issued a Performance Bank Guarantee totaling Rs. 80 lakhs (one of Rs. 50 lakhs and two of Rs. 15 lakhs each) in favor of Mother Dairy Fruit & Vegetable Pvt. Ltd. to secure its performance under a manpower services contract. Valid for one year and issued via HDFC Bank, this guarantee aligns with standard industry practice and does not pose significant financial risk or impact operations. The transaction is at arm’s length, with no promoter group interest involved.