ALPHA TRIBE

Oriental Aromatics LimitedOthers, 19-06-2025: Giving guarantees/indemnity/ becoming a surety for third party

19-06-2025 | 04:15 pm

Oriental Aromatics has announced a board meeting. The company’s wholly owned subsidiary, Oriental Aromatics & Sons Limited, has its Corporate Guarantee enhanced by ₹10 crore, now totaling ₹90 crore with Yes Bank. This covers both term loans (₹70 crore unchanged) and working capital facilities (increased to ₹20 crore). This guarantee supports the subsidiary’s access to credit under favorable terms, benefiting the overall group’s financial flexibility and operational stability. There is no promoter or related party interest in this transaction.

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