Birlanu Ltd. Board Approves Increase in Corporate Guarantee Limit
Birlanu Ltd. announced on March 27, 2026, that its Board of Directors has granted in-principal approval to increase the corporate guarantee limit. The limit will be raised from Euro 45 million to Euro 55 million, encompassing guarantees in the form of Stand-by Letters of Credit.The guarantees will be provided in favor of banks on behalf of BirlaNu International GmbH, a wholly-owned subsidiary of Birlanu Ltd., and its subsidiaries. This increase is intended to secure existing and/or future loan facilities for BirlaNu International GmbH and its subsidiaries.
The Board meeting commenced at 2:00 pm IST and concluded at 3:25 pm IST. Further details as required by the SEBI Listing Regulations will be submitted upon execution of the corporate guarantee.
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