In terms of the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to its letter dated August 11, 2023, Kirloskar Brothers has informed that the Company has issued Corporate Guarantees for securing facilities of its subsidiaries (step down foreign subsidiaries). The details as required under SEBI’s Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are attached as Annexure-1. The Reserve Bank of India’s confirmation has been received on March 27, 2024 at 05.00 pm for the issuance of the said Corporate Guarantees and hence this disclosure is being made.
The above information is a part of company’s filings submitted to BSE.
