Excelsoft Technologies Limited has announced the withdrawal of an unconditional and irrevocable corporate guarantee amounting to ₹300 Crores, which was issued in favor of Vistra ITCL (India) Limited on behalf of Pedanta Technologies Private Limited. This corporate guarantee has been annulled effective December 19, 2025, as per a letter from Vistra ITCL (India) Limited. Additionally, the lenders of the non-convertible debentures issued by Pedanta Technologies Private Limited have released the lien on a fixed deposit of ₹165 Crores held by Excelsoft Technologies Limited. These funds are now available for the company's use. The corporate guarantee and the lien on the fixed deposit were initially provided on May 06, 2024, to secure unlisted, redeemable, non-convertible debentures (NCDs) issued by Pedanta Technologies Private Limited. With the full repayment of these NCDs, both the guarantee and the lien have been released. As a consequence of these actions, the company's contingent liability has been reduced to ₹3.43 Crores. The details of the corporate guarantee withdrawal are available on the company's website at https://www.excelsoftcorp.com/investors/.