Lloyds Engineering Works approves ₹59 Crore corporate guarantee for Techno Industries
Lloyds Engineering Works Limited announced that its Board of Directors, in a meeting held on December 26, 2025, approved a corporate guarantee of ₹59 Crore in favor of HDFC Bank for Techno Industries ...
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Why is LLOYDS ENGINEERING WORKS LIMITED in the news today?
LLOYDS ENGINEERING WORKS LIMITED (LLOYDSENGG) is in the news due to the announcement is a routine corporate action involving a subsidiary and does not contain any information that would significantly impact the company's financial performance or stock price positively or negatively.
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Lloyds Engineering Works approves ₹59 Crore corporate guarantee for Techno Industries
December 26, 2025, 07:43 AM
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Lloyds Engineering Works Limited announced that its Board of Directors, in a meeting held on December 26, 2025, approved a corporate guarantee of ₹59 Crore in favor of HDFC Bank for Techno Industries Private Limited. Techno Industries Private Limited is a subsidiary of Lloyds Engineering Works Limited.
The corporate guarantee is for credit facilities utilized by Techno Industries Private Limited. The announcement also specifies that the promoter/promoter group/group companies do not have any interest in this transaction, and it is conducted at arm's length.
The disclosure was made as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the impact of this guarantee on the listed entity is Nil.
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