Race Eco Chain Limited has issued a corporate guarantee worth Rs. 4,97,00,000/- for its material subsidiary, Silverline Eco Thrive Limited, to secure funding from Bank Of India. The transaction is compliant with SEBI regulations and conducted at arm's length, with no promoter involvement cited. Management indicates no immediate financial impact on the parent company.
Race Eco Chain Limited extended a corporate guarantee of Rs. 4,97,00,000/- to its material subsidiary, Silverline Eco Thrive Limited , on August 03, 2026. The guarantee secures a credit funding facility sanctioned by Bank Of India. This move supports... [6967 chars]
Source: scanx.trade
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