Announced Fri, 3 Jul · 18:54 IST
KEC International issues USD 35M corporate guarantee for subsidiary
Credit & Debt View source PDF
KEC · price
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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹509.65
prior close
₹513.20
base price
After-mkt
timing
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AI summary
KEC International has issued a corporate guarantee of USD 35 Million for its subsidiary Al Sharif Group and KEC Limited Company. The guarantee, dated July 03, 2026, supports a credit facility taken by the subsidiary. Promoters have no interest in the deal. KEC calls it a potential contingent liability but says there is no current impact on the listed company.
Likely market impact
USD 35M contingent liability if subsidiary defaults on its credit facility; no immediate impact on KEC.