B-Right Realestate Ltd. Issues Corporate Guarantee for Subsidiary Loan
B-Right Realestate Limited announced on March 25, 2026, that it is issuing a corporate guarantee of 45 Crore Rupees to secure a Construction Finance Loan being availed by Siddhivinayak Developers Kurar, a step-down subsidiary. The loan is being provided by Capri Global Capital Limited.According to information released, Siddhivinayak Developers Kurar has secured a loan facility of 45,00,00,000 Rupees from Capri Global Capital Limited. The guarantee provided by B-Right Realestate Limited supports this loan.
The transaction does not involve any interest from promoters, promoter groups, or group companies, and is being conducted at arm's length. B-Right Realestate Limited noted that the guarantees are provided on behalf of the step-down subsidiary and are part of the consolidated group. Currently, the guarantees are expected to have no impact on the company beyond disclosure in the financial statements.
Below is a summary of the guarantee details:
| Particulars | Description |
|---|---|
| Name of party for which such guarantees or indemnity or surety was given | Siddhivinayak Developers Kurar ('Borrower') |
| Whether the promoter/ promoter group/ group companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at 'arm's length'; | No |
| Name of the Financial Institution | Capri Global Capital Limited ('Lender') |
| Amount of facility | Rs. 45,00,00,000/- (Rupees Forty-Five Crores Only) |
| Impact of such guarantees or indemnity or surety on listed entity | No impact on the Company, other than disclosure in the Financial Statements. |
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