|
| Exchange Received Time 31/07/2018 17:54:04 Exchange Disseminated Time 31/07/2018 17:54:13 Time Taken 00:00:09 | | We would like submit this disclosure in terms of the requirements of Regulation 30 of the Listing Regulations to inform you that the Company has issued a Corporate Guarantee to Aditya Birla Finance Limited (ABFL) for the Term Loan of Rs 100 Crores sanctioned by the ABFL to Inox Wind Infrastructure Services Limited (IWISL) (Step-down Subsidiary of the Company) out of which IWISL proposes to utilize Rs.50 crores presently. We would like to clarify that the above Corporate Guarantee is issued in replacement of earlier financial commitments of the Company and hence, it will not result into any incremental financial commitments of the Company. |
|
|