Jindal Worldwide Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company's Operational Committee, at its meeting held on Tuesday, August 25, 2026, approved the grant of a Corporate Guarantee in respect of credit facilities availed by M/s. Jindal Mobilitric Private Limited, a subsidiary of Jindal Worldwide Limited.
Pursuant to this approval, the company executed the Corporate Guarantee in favour of M/s. JIO Credit Limited on August 29, 2026 at 6:32 P.M.
The disclosure includes Annexure 1 with the following details:
- Name of the party for which guarantees were given: M/s. Jindal Mobilitric Private Limited
- Promoter/promoter group/group companies interest: The party is a subsidiary of Jindal Worldwide Limited. The transaction is done at arm's length.
- Details of guarantee: A corporate guarantee of ₹15.00 Crore issued in favour of M/s. JIO Credit Limited (JCL) for extending credit facility to M/s. Jindal Mobilitric Private Limited. JCL is neither a related party nor part of the promoter group.
- Impact on listed entity: The corporate guarantee will be treated as a contingent liability in the books of accounts of the company.
The disclosure references SEBI Master circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The communication was signed by Thaker Ashish, Company Secretary & Compliance Officer (M. No: A57052) on behalf of Jindal Worldwide Limited.