Announced Tue, 16 Jun · 15:04 IST
Corporate guarantee of ₹118 Cr + €32M for subsidiary DPFPL to EXIM Bank
DVL · 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
+1.6%1-day move
₹238.04
prior close
₹242.97
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.4-0.4—+1.6+1.5+2.1+3.3+0.9-1.3-0.1+0.1——
Up moveDown movePending
AI summary
Dhunseri Ventures has executed a corporate guarantee in favour of EXIM Bank for its wholly owned subsidiary Dhunseri Poly Films Pvt Ltd (DPFPL). The guarantee secures a ₹118 crore Rupee term loan and Euro 32 million term loan. Proceeds will fund a Brownfield BOPET Line (59,200 TPA capacity) and a Metallizer unit (10,200 TPA) at Panagarh Industrial Park, West Bengal. The guarantee will appear as a contingent liability on DVL's books.
Likely market impact
Contingent liability on DVL for subsidiary's new ₹118 Cr + €32M loan; supports DPFPL's capacity expansion at Panagarh.