Ratnamani Metals & Tubes Limited has submitted a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 30(7), regarding the release of a corporate guarantee.
The company had previously intimated on August 5, 2024, that it had issued a Corporate Guarantee not exceeding ₹50 Crores for credit facilities offered by YES Bank Limited to its subsidiary company, Ratnamani Finow Spooling Solutions Private Limited (RFSS).
The company now informs that YES Bank Limited has discharged/released this Corporate Guarantee. Formal intimation of the guarantee release was received by the company on October 12, 2026, at 11:17 AM from the bank.
The disclosure confirms the removal of a ₹50 crore contingent liability from the company's financial obligations. The intimation has been uploaded to the company's website at www.ratnamani.com as part of regulatory compliance requirements.