IITL Projects has informed that the Board of Directors of the Company has given approval in its meeting held on Tuesday, August 14, 2018 to give Corporate Guarantee of Rs 30 crores to 'Piramal Capital and Housing Finance Limited' for the credit facilities agreed to be granted to IITL Nimbus, the Express Park View, Joint Venture of the Company.
The above information is a part of company’s filings submitted to BSE.