Shakti Sugar intimates of discharge of corporate guarantee given to subsidiary
Following settlement of loan
Shakti Sugar had given corporate guarantee for the loan availed by Orlandofin BV, Netherlands, erstwhile wholly owned subsidiary of the Company, amounting to EUR 40 Million. As this loan has been fully settled by the borrower, the corporate guarantee given by the Company has been released and discharged.Powered by Capital Market - Live News
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First Published: Jun 22 2017 | 5:03 PM IST