Announced Tue, 30 Jun · 18:35 IST
Corporate guarantee of EUR 2.75M issued for wholly owned subsidiary
BELRISE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹238.71
prior close
₹240.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.2-0.0+0.1-2.9-6.2-3.4-5.2-3.2-2.6———
Up moveDown movePending
AI summary
Belrise Industries issued a corporate guarantee of up to EUR 2.75M to Standard Chartered Bank at Gift City on behalf of its wholly owned subsidiary Belrise Defence and Aerospace. The guarantee covers 110 percent of an ECB facility of EUR 2.5M sanctioned to the subsidiary. This represents a contingent liability for the company with no immediate financial impact. Promoters have no interest in the transaction.
Likely market impact
Contingent liability from subsidiary guarantee; no immediate financial impact. Modest scale relative to company size.