CCL Products (India) Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party
CCL · price
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Awaiting price reaction for this filing.
CCL Products' board has approved issuing a Corporate Guarantee of up to CHF 20 million (with maximum potential liability of CHF 22 million, or 110% of the facility) in favour of JP Morgan Chase Bank, London Branch. The guarantee is for credit facilities being availed by Continental Coffee SA, Switzerland, the company's wholly owned subsidiary. The company has stated the guarantee is at arm's length and currently has no impact on CCL, treating it as a contingent liability within the consolidated group. The board meeting concluded on January 12, 2026.
Minimal direct impact on the listed entity as the guarantee supports a wholly owned subsidiary and is treated as a contingent liability. However, it increases CCL's contingent exposure by up to CHF 22 million (~₹200+ crore), so investors should monitor the subsidiary's ability to service this debt.