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Tarini International has received a sanction letter from Cholamandalam Investment and Finance Company, detailing the creation of an equitable mortgage on the company's land (12 Bigha 3 Biswas) as collateral. This collateral is for facilities availed by Tarini Infrastructure Limited, a material associate. The company is essentially using its property to secure financing for its associate, creating a charge on these assets. The board has acknowledged this development.