Corporate Guarantee of Rs 469 Cr issued for subsidiary KTMPL

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POWERMECH · price

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Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹2455.20

prior close

₹2421.20

announcement price

In-mkt

timing

Nifty Microcap 250market-1.6%+0.9% vs market

Civil Construction peers, median of 96sector-0.9%+0.2% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.3

15m

+0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-1.6+0.9-0.9+0.2

Next day

-2.8-1.0-1.9-0.7-2.2

-3.8-2.6-1.2-2.5-1.3

-7.5-5.1-2.4-5.0-2.6

-9.4-6.1-3.3-5.8-3.5

-13.8-8.3-5.5-8.0-5.8

-11.4-6.4-5.1-7.5-3.9

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Power Mech Projects issued a Corporate Guarantee of Rs 469 Crores for its subsidiary Kalyaneswari Tasra Mining Private Limited. The guarantee secures credit facilities of Rs 175 Cr from RBL Bank and Rs 294 Cr from IDFC First Bank, taken by KTMPL for coal handling plant, railway siding and R&R colony construction. The guarantee is a contingent liability and will be released by September 2035.

Likely market impact

Contingent liability of Rs 469 Cr on parent if subsidiary defaults. No immediate financial impact.