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CCL Products board approves CHF 20 Million corporate guarantee for Swiss subsidiary

CCL Products (India) Limited

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January 12, 2026, 08:17 AM

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CCL Products (India) Limited announced that its Board of Directors, in a meeting held on January 12, 2026, commencing at 10:15 am IST and concluding at 01:20 pm IST, has approved the issuance of a Corporate Guarantee. This guarantee will be in favour of JP Morgan Chase Bank, N.A., London Branch, for credit facilities up to CHF 20 Million or its equivalent.

The credit facilities are to be availed by Continental Coffee SA, Switzerland, which is a wholly-owned subsidiary of CCL Products. The potential liability of CCL Products under this guarantee shall not exceed CHF 22 Million or its equivalent, which is 110% of the total facility amount.

The company stated that the promoter/promoter group/group companies have no interest in this transaction, except for the Holding Company and Wholly Owned Subsidiary Company relationship, and that the corporate guarantee is provided on an arm's length basis. The guarantee is considered a contingent liability for CCL Products and is part of the Consolidated Group. At this point, there is no immediate impact of this guarantee on the Company.

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