Mac Charles India Ltd — Important, 04-11-2025: Company Update
04-11-2025 | 04:33 pm
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!
