Ajmera Realty & Infra India Ltd. Approves Corporate Guarantee for Subsidiary
Ajmera Realty & Infra India Ltd. announced on March 30, 2026, that its Finance and Investment Committee approved a corporate guarantee for a credit facility extended to its subsidiary, Anirdesh Developers Private Limited.The guarantee covers a credit facility of Rs. 70,01,00,000, which Anirdesh Developers Private Limited has secured from RBL Bank Limited. Anirdesh Developers Private Limited is considered a related party of Ajmera Realty & Infra India Limited, and the corporate guarantee was provided at arm’s length.According to a filing, the guarantee is not expected to have a material impact on Ajmera Realty & Infra India Limited, beyond the need for...