Menon Bearings Limited — Important, 14-08-2025: General Updates
14-08-2025 | 02:49 pm
14-08-2025 | 02:49 pm
Menon Bearings Ltd has provided a Rs. 6.00 Crore corporate guarantee to Federal Bank for credit facilities availed by its wholly-owned subsidiary, Menon Brakes Ltd. This support aids the subsidiary's financial operations. The company emphasizes that the guarantee has no immediate financial impact on Menon Bearings, becoming a liability only if the subsidiary defaults on its obligations.
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