AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
CCL to issue Corporate Guarantee of up to CHF 20 Million for subsidiary
CCL Products (India) Limited
January 12, 2026, 08:06 AM
Top Queries to Ask About CCL Products (India) Limited
InstantThinking to buy or sell CCL Products (India) Limited? Ask AI before you act.
Trusted by 5,000+ users
More Details on This News
CCL Products (India) Limited announced that its Board of Directors has approved the issuance of a Corporate Guarantee for credit facilities amounting to up to CHF 20 Million, or its equivalent, to be availed by its wholly-owned subsidiary, Continental Coffee SA, Switzerland. The guarantee will be provided in favour of JP Morgan Chase Bank, N.A., London Branch.
The Board Meeting, which commenced at 10:15 am IST, concluded at 01:20 pm IST on January 12, 2026. The potential liability of CCL under this guarantee will not exceed CHF 22 Million, which is 110% of the total facility amount to be provided to the subsidiary. The company stated that this corporate guarantee is a contingent liability and has been provided on behalf of a wholly-owned subsidiary which is part of the consolidated group. At this point, there is no impact of this guarantee on the Company. The transaction is considered to be on an arm's length basis, with no interest from promoter/promoter group/group companies beyond the holding company and wholly-owned subsidiary relationship.
More News on CCL Products (India) Limited
Analyze CCL Products (India) Limited