Senores Pharmaceuticals Limited — Others, 10-07-2025: Giving guarantees/indemnity/ becoming a surety for third party

Senores Pharmaceuticals has announced a corporate guarantee of USD 5.5 million to HDFC Bank for credit facilities availed by its material subsidiary, Havix Group Inc. (Aavis Pharmaceuticals). The guarantee secures the subsidiary’s borrowing for up to 10 years. This move supports Havix’s financial flexibility without immediate impact on Senores’ balance sheet, except for disclosure as a contingent liability. The promoters have directorship interests in Havix, and the guarantee is provided on an arm’s length basis, reflecting backing of the subsidiary’s operations and growth potential.