Nurture Well Industries Limited
Key Quantitative Figures
The company has issued a corporate guarantee for an amount of ₹25 crores (Rs. 25 crores).
Parties Involved
- Guarantor: Nurture Well Industries Limited (formerly known as Integrated Industries Limited)
- Beneficiary: Punjab & Sind Bank (Lender)
- Primary Obligor: Nurture Well Foods Limited (material subsidiary of the company)
Purpose and Rationale
The corporate guarantee was issued as security for the loan facility availed by Nurture Well Foods Limited from Punjab & Sind Bank.
Transaction Details
- The promoter/promoter group/group companies have no interest in this transaction
- The corporate guarantee was issued at arm's length
- The guarantee covers the ₹25 crore loan facility for the subsidiary
Financial Impact Assessment
There is no immediate financial impact on the company, except to the extent of the ₹25 crore guarantee amount in the event that Nurture Well Foods Limited is unable to meet its repayment obligations to the lender. The corporate guarantee constitutes a contingent liability for the company.
Corporate Structure Context
Nurture Well Foods Limited is identified as a material subsidiary of Nurture Well Industries Limited.
Disclosure Compliance
The intimation was signed by Saurabh Goyal, Managing Director (DIN: 01094455) on July 3, 2026, and submitted to BSE Limited.