Belrise Industries Limited has issued a corporate guarantee of GBP 1,38,60,000 to ICICI Bank UK PLC as security for a term loan facility sanctioned to its step-down wholly owned subsidiary. The company informed stock exchanges about this development through a regulatory filing dated April 08, 2026.

Corporate Guarantee Details

The guarantee has been issued in favor of ICICI Bank UK PLC as the lender, with Belrise UK Holdings Limited serving as the borrower. The arrangement represents financial support provided by the parent company to facilitate its subsidiary's borrowing requirements.

Subsidiary Relationship

Belrise UK Holdings Limited is a step-down wholly owned subsidiary of Belrise Industries Limited. The company clarified that promoters, promoter groups, or group companies have no interest in this transaction, given the subsidiary relationship structure.

Financial Impact

The corporate guarantee represents a contingent liability for Belrise Industries Limited. According to the company's disclosure, there is no immediate impact on the financials of the company. The guarantee serves as security for the term loan facility and remains continuing in nature, valid throughout the facility period.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure follows the requirements under SEBI Master Circular dated January 30, 2026, ensuring full transparency with stakeholders regarding this contingent liability arrangement.

Belrise Industries Limited has issued a corporate guarantee of GBP 1,980,000 to secure deferred consideration payments for its subsidiary's acquisition, as disclosed to the stock exchanges on April 04, 2026.

Corporate Guarantee Details

The company issued the corporate guarantee in favor of five individual sellers as security for deferred consideration payments. The guarantee carries a maximum liability of GBP 1,980,000 and was issued in connection with a Share Purchase Agreement dated March 18, 2026.

Transaction Background

The corporate guarantee was issued in connection with the Share Purchase Agreement executed by Belrise UK Holdings Limited, a step-down wholly owned subsidiary of Belrise Industries. The subsidiary entered into this agreement with the shareholders of Chester Hall Precision Engineering Holdings Limited, which was previously intimated to the exchanges on March 18, 2026.

The guarantee serves as financial support to the step-down subsidiary for the consummation of the acquisition transaction. The arrangement ensures security for the sellers regarding the payment of deferred consideration as outlined in the Share Purchase Agreement.

Financial Impact

According to the company's disclosure, the corporate guarantee represents a contingent liability on Belrise Industries Limited. However, the company has stated that there is no immediate impact on its financials from this guarantee arrangement.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para B of Part A of Schedule III. The company confirmed that promoters, promoter groups, or group companies have no interest in this transaction, as it involves a step-down wholly owned subsidiary.

The intimation has been filed with both BSE Limited and National Stock Exchange of India Limited, and the disclosure will also be hosted on the company's website under the 'Investor Relations' section.