ALPHA TRIBE

Agribio Spirits LtdImportant, 30-06-2026: Company Update

30-06-2026 | 02:35 pm

Agribio Spirits Limited has issued a corporate guarantee to Bank of Maharashtra for a loan facility of Rs 1.99 Cr being availed by its associate, Agribiotech Industries Limited. This creates a contingent liability for Agribio Spirits Limited. The company confirmed the transaction was conducted on an arm's length basis. While a contingent liability, Agribio Spirits stated this support for its consolidated group associate currently has no direct impact on the company's financials.

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