Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, the Company hereby intimate that the Company is continuing to extend corporate guarantees in favour of Popular Mega Motors ....
Continuing corporate guarantees extended to wholly owned subsidiaries
- Rs 30 Cr guarantee to Popular Mega Motors (India) Pvt Ltd for SBI credit facility renewal
- Rs 18.5 Cr guarantee to Popular Autoworks Pvt Ltd for SBI credit facility renewal
- Guarantees are at arm's length and relate to subsidiaries within consolidated group
- No immediate impact on company other than financial statement disclosure
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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