Arisinfra Provides ₹3.9 Crore Corporate Guarantee
Subsidiary / Associate Update
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
28th Oct 2026
Transaction Details
- Date of Occurrence: October 28, 2026
- Time of Occurrence: 12:00 Noon
- Guarantee Amount: ₹3,90,00,000 (Rupees Three Crores Ninety Lakhs Only)
- Coverage: Includes related interest and other charges as mutually decided by the parties
- Purpose: To secure financial obligations arising from credit facilities availed by White Roots Infra Private Limited from State Bank of India
Parties Involved
- Guarantor: Arisinfra Solutions Limited (listed entity)
- Beneficiary: State Bank of India, Wagle Industrial Estate, Thane (West) Branch
- Principal Borrower: White Roots Infra Private Limited (subsidiary company)
Transaction Characteristics
- Promoter/promoter group has no interest in this transaction
- Corporate guarantee provided on an arm's length basis
- Compliance with Companies Act, 2013 and SEBI Listing Regulations confirmed
Financial Impact Assessment
- The corporate guarantee represents a contingent liability for the Company
- The guarantee has been provided to a subsidiary which is part of the consolidated group
- The company states: "At this point, there is no impact of this guarantee on the Company"