Coromandel Engineering Company Ltd — Important, 10-09-2025: Company Update

Coromandel Engineering Company has issued a corporate guarantee of 1 Cr to RAR Fincare Limited. This guarantee secures a business term loan for Mrs. Kalaiarasi, a relative of the company's Chairman and Managing Director. The loan facility is for 36 months, including a 6-month moratorium with interest payable. The company confirmed the transaction was conducted at arm's length, stating there is no immediate impact other than its disclosure as a contingent liability in the financial statements. This action is relevant for shareholders as it adds a potential future obligation.