ALPHA TRIBE

Mac Charles India LtdImportant, 04-11-2025: Company Update

04-11-2025 | 04:33 pm

Mac Charles (India) Ltd's Board has approved providing a corporate guarantee of ₹540 Crore for listed non-convertible debentures issued by its wholly-owned subsidiary, Mac Charles Hub Projects Private Limited. This 60-month guarantee, backing financing from TOR Investment Management, is a contingent liability for Mac Charles India. This move is a key step supporting the subsidiary's funding and strengthening its financial flexibility, with no immediate impact on the parent company's operations.

No comments yet. Be the first to comment!

All announcements from Mac Charles India Ltd