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| Exchange Disseminated Time | | Nahar Investments and Holding Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have accorded their approval to the Board for given / to be given corporate guarantee(s) upto Rs 65/- Crore to the bank(s) / financial institution(s), which might exceed 60% of its paid up capital and free reserves of the Company or 100% of its free reserves, whichever is more as per Section 372A of the Companies Act, 1956, in respect of loan given / to be given by the bank(s) / Financial Institution(s) to Nahar Industrial Enterprises Ltd, having its Registered Office at Focal Point, Ludhiana (Punjab). |
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