TARINI INTERNATIONAL LTD.
Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding creation of equitable mortgage.
Board Meeting Details:
- Meeting held on August 1, 2026
- Commenced at 2:30 PM and concluded at 3:00 PM
- Board approved creation of equitable mortgage over company's immovable property
Transaction Details:
- Collateral Provider: Tarini International Limited
- Beneficiary: Cholamandalam Investment and Finance Company Limited (NBFC)
- Purpose: Collateral for credit facilities availed by associate company for business enhancement
- Property Description: Mustatil No. 19, Killa No. 18/18/2/2/2/6, 23/10/15/23/23/10/24/4/16, Mu. No. 19, Killa No. 13/23
- Property Location: Revenue estate of Village Dera Mandi, Hauz Khas, South West Delhi - 110016, Delhi
Related Party Aspects:
- Associated Company: Tarini Infrastructure Limited (material associate of Promoter Company)
- Promoter/Promoter Group Interest: Yes
- Transaction Basis: Arm's length basis
Regulatory References:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Regulation 30
- SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Impact Assessment:
- Creation of charge as collateral property for facilities availed by the Associate Company
- Financial impact not quantified in the disclosure