Antony Waste Handling Cell Issues Corporate Guarantee of ₹9,17,00,000 on Behalf of Subsidiary Mumbai Eco Solutions
Antony Waste Handling Cell Limited disclosed on May 05, 2026, the issuance of a corporate guarantee of ₹9,17,00,000 in favour of ICICI Bank Limited on behalf of its subsidiary Mumbai Eco Solutions Private Limited. The guarantee supports credit facilities availed by the subsidiary and has been executed on an arm's length basis, with no promoter or promoter group interest involved. The guarantee represents a contingent liability for the company, with no immediate financial impact unless the subsidiary defaults on its repayment obligations to the lender.

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Antony Waste Handling Cell Limited has informed the stock exchanges of the issuance of a corporate guarantee amounting to ₹9,17,00,000 (Rupees Nine Crore and Seventeen Lakh Only) in favour of ICICI Bank Limited, extended on behalf of its subsidiary, Mumbai Eco Solutions Private Limited. The disclosure was made on May 05, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and the SEBI Master Circular dated January 30, 2026.
Corporate Guarantee Details
The guarantee has been issued to support various credit facilities being availed by Mumbai Eco Solutions Private Limited, a subsidiary of the company. The key details of the transaction, as disclosed under the applicable SEBI regulations, are presented below:
| Parameter: | Details |
|---|---|
| Beneficiary of Guarantee: | Mumbai Eco Solutions Private Limited (Subsidiary) |
| Lender: | ICICI Bank Limited |
| Guarantee Amount: | ₹9,17,00,000 (Rupees Nine Crore and Seventeen Lakh Only) |
| Purpose: | Various credit facilities availed by the subsidiary |
| Transaction Basis: | Arm's length |
| Disclosure Reference: | Regulation 30, SEBI LODR Regulations, 2015 |
| Date of Disclosure: | May 05, 2026 |
Promoter Interest and Arm's Length Compliance
Antony Waste Handling Cell has confirmed that the promoter, promoter group, and group companies have no interest in this transaction. The corporate guarantee has been issued strictly on an arm's length basis, in accordance with applicable regulatory requirements.
Impact on the Listed Entity
The company has stated that there is no immediate financial impact on Antony Waste Handling Cell arising from the issuance of this guarantee. However, the corporate guarantee constitutes a contingent liability for the company to the extent of ₹9,17,00,000, which would be triggered in the event that Mumbai Eco Solutions Private Limited is unable to meet its repayment obligations to ICICI Bank Limited.
The disclosure was signed by Harshada Rane, Company Secretary & Compliance Officer of Antony Waste Handling Cell Limited, and submitted to both BSE Limited and the National Stock Exchange of India Limited on May 05, 2026.
Historical Stock Returns for Antony Waste Handling Cell
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.50% | +1.18% | +22.18% | +1.74% | +3.33% | +72.94% |
How might the contingent liability of ₹9.17 crore impact Antony Waste Handling Cell's credit rating or borrowing capacity if Mumbai Eco Solutions defaults on its ICICI Bank obligations?
What is the current financial health and debt-to-equity ratio of Mumbai Eco Solutions Private Limited, and how dependent is it on parent company guarantees for securing credit facilities?
Are there any expansion plans or upcoming projects for Mumbai Eco Solutions that would necessitate additional credit facilities and potentially require further corporate guarantees from Antony Waste Handling Cell?


































