Antony Waste Handling Cell issues ₹20 Cr guarantee for Mumbai Eco Solutions

1 min read     Updated on 30 Jun 2026, 04:44 AM
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Antony Waste Handling Cell Ltd has issued a corporate guarantee of ₹20,00,00,000 in favour of Kotak Mahindra Bank Limited for its subsidiary, Mumbai Eco Solutions Private Limited. The guarantee, compliant with SEBI regulations, creates a contingent liability with no immediate financial impact unless the subsidiary defaults.

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Antony Waste Handling Cell Ltd has issued a corporate guarantee of ₹20,00,00,000 for its subsidiary, Mumbai Eco Solutions Private Limited. The guarantee has been extended in favour of Kotak Mahindra Bank Limited to support credit facilities availed by the subsidiary. This transaction creates a contingent liability for the company, which will be impacted only if the subsidiary fails to meet its repayment obligations to the lender.

The corporate guarantee was issued in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the promoter, promoter group, and group companies have no interest in this transaction, and it has been conducted at arm's length.

Details of the Guarantee

The filing provided specific details regarding the transaction and the parties involved. The guarantee amount is fixed at a principal sum of ₹20,00,00,000 (Rupees Twenty Crore only).

Particulars Description
Name of party Mumbai Eco Solutions Private Limited ("Mumbai Eco")
Guarantee amount ₹ 20,00,00,000 (Rupees Twenty Crore only)
Beneficiary Kotak Mahindra Bank Limited
Promoter interest No interest; transaction at arm's length

The company stated that there is no immediate financial impact from this guarantee. However, Antony Waste Handling Cell Ltd will be liable to the extent of the guaranteed amount if Mumbai Eco Solutions Private Limited defaults on its repayment obligations to Kotak Mahindra Bank Limited.

Historical Stock Returns for Antony Waste Handling Cell

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%-2.78%+4.21%-2.58%-29.47%+35.96%

What specific projects or capital expenditures will Mumbai Eco Solutions undertake using the credit facilities backed by this guarantee?

How will this new contingent liability affect Antony Waste Handling Cell's existing credit ratings and borrowing capacity?

What are the current revenue streams and financial health of Mumbai Eco Solutions that justify the confidence to extend this guarantee?

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Promoter Jose Antony Kallarakkal declares no encumbrance for FY26

1 min read     Updated on 23 Jun 2026, 04:36 AM
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Jose Antony Kallarakkal, a member of the promoter group of Antony Waste Handling Cell Limited, declared no encumbrance on shares for FY 2025-26 under SEBI regulations. The disclosure was submitted to BSE, NSE, and the company's audit committee on April 09, 2026.

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Jose Antony Kallarakkal, a member of the promoter group of Antony Waste Handling Cell , has declared that he and persons acting in concert have not created any encumbrance on shares during the financial year 2025-26. The disclosure, made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that no direct or indirect encumbrance was established other than those undertaken in a depository and previously disclosed.

The declaration was addressed to BSE Limited, the National Stock Exchange of India, and the Audit Committee of Antony Waste Handling Cell Limited on April 09, 2026. This regulatory filing serves to inform the exchanges and the company's internal governance body regarding the status of the promoter's shareholding during the specified financial year.

Declaration Details

The submission provides specific details regarding the nature of the disclosure and the entities involved.

Aspect Details
Regulation Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Declarant Jose Antony Kallarakkal
Role Member of Promoter Group
Financial Year 2025-26
Declaration Date April 09, 2026

The document explicitly states that the promoter group has not entered into any arrangements that would encumber the shares, ensuring transparency for shareholders and regulatory bodies. The declaration was digitally signed by Jose Antony Kallarakkal, verifying the authenticity of the information provided to the exchanges and the company.

Historical Stock Returns for Antony Waste Handling Cell

1 Day5 Days1 Month6 Months1 Year5 Years
+2.16%-2.78%+4.21%-2.58%-29.47%+35.96%

How will the clean status of the promoter's shareholding impact investor confidence in Antony Waste Handling Cell's stock?

Does this declaration suggest the promoter group is planning to maintain their current stake or potentially increase it in the future?

What are the potential implications for the company's governance and compliance standards following this transparent disclosure?

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