Granules India Limited — Others, 09-07-2025: Giving guarantees/indemnity/ becoming a surety for third party

Granules India Limited has announced a board meeting on the financial results for the quarter and half-year. The company extended a corporate guarantee of CHF 25.50 million to MUFG Bank, Singapore, securing credit for its wholly-owned foreign step-down subsidiary, Senn Chemicals A.G., Switzerland. This guarantee represents a contingent liability on Granules’ books. The transaction is at arm’s length, with promoter group interest limited to their shareholding in the company. This move supports the subsidiary’s financing while potentially affecting consolidated financial risk exposure.