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 disclosure in financial statements.
Details of the Guarantee:
| Particulars | Details |
|---|---|
| Party for which Guarantee Provided | Anirdesh Developers Private Limited |
| Relationship to Ajmera Realty & Infra India Ltd. | Subsidiary Company; Related Party |
| Guarantee Amount | Rs. 70,01,00,000 |
| Bank Providing Credit Facility | RBL Bank Limited |
| Impact on Listed Entity | Disclosure in Financial Statements |
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