Shalby Limited Issues ₹716 Crore Corporate Guarantee for Subsidiary's Credit Facilities

1 min read     Updated on 08 Nov 2025, 08:30 AM
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Shriram SScanX News Team
Overview

Shalby Limited has provided a corporate guarantee of ₹716.00 crore to HDFC Bank Limited for credit facilities granted to its subsidiary, PK Healthcare Private Limited. The guarantee, issued on November 7, 2025, covers both fund and non-fund based credit facilities. Shalby has declared no interest from promoters or promoter group companies in this transaction and expects no financial or operational impact from providing this guarantee.

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*this image is generated using AI for illustrative purposes only.

Shalby Limited , a prominent healthcare company, has issued a corporate guarantee in favor of HDFC Bank Limited. The guarantee, amounting to ₹716.00 crore, is intended to support credit facilities granted to its subsidiary, PK Healthcare Private Limited.

Key Details of the Corporate Guarantee

Aspect Details
Guarantor Shalby Limited
Beneficiary HDFC Bank Limited
Amount ₹716.00 crore
Purpose Fund and non-fund based credit facilities
Recipient PK Healthcare Private Limited (Subsidiary)
Issue Date November 7, 2025

Implications and Disclosures

Shalby Limited has provided important disclosures regarding this financial move:

  1. Interest Declaration: The company has stated that promoters and promoter group companies do not have any interest in this transaction.

  2. Subsidiary Involvement: PK Healthcare Private Limited, as the recipient of the credit facilities, is noted to have an interest in the transaction.

  3. Financial Impact: Shalby Limited expects no financial or operational impact from providing this guarantee.

This corporate action demonstrates Shalby Limited's support for its subsidiary's financial needs while maintaining transparency about the transaction's nature and potential impacts. The size of the guarantee, at ₹716.00 crore, underscores the significance of this financial commitment and the scale of credit facilities being extended to PK Healthcare Private Limited.

Investors and stakeholders may view this move as an indication of Shalby Limited's confidence in its subsidiary's operations and future prospects. However, it's important to note that while the company anticipates no direct financial or operational impact, corporate guarantees do represent contingent liabilities that could potentially affect the guarantor's financial position in the future.

Historical Stock Returns for Shalby

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%-3.51%-10.11%+11.15%+3.01%+127.34%

Shalby Limited CFO Amit Pathak Steps Down, Replacement to be Announced Soon

1 min read     Updated on 24 Oct 2025, 06:03 PM
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Reviewed by
Shriram SScanX News Team
Overview

Amit Pathak, CFO and Key Managerial Personnel of Shalby Limited, has resigned effective October 24, 2025, to pursue external career opportunities. His resignation includes stepping down from his role in determining materiality of events and making stock exchange disclosures. Shalby plans to announce a replacement soon, adhering to SEBI regulations in this disclosure.

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*this image is generated using AI for illustrative purposes only.

Shalby Limited , a prominent healthcare provider, has announced a significant change in its top management. Amit Pathak, the company's Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), has tendered his resignation, effective October 24, 2025.

Resignation Details

According to the company's filing with the stock exchanges, Mr. Pathak's departure is attributed to his decision to pursue career opportunities outside the organization. Shalby has confirmed that there are no material reasons for the resignation beyond those stated in his resignation letter.

Key Points of the Transition

Aspect Details
Effective Date Close of business hours on October 24, 2025
Position Vacated Chief Financial Officer and Key Managerial Personnel
Reason for Departure Pursuing external career opportunities
Additional Role Ceased KMP authorized for determining materiality of events and making disclosures to stock exchanges

Company's Response

Shalby Limited has acknowledged Mr. Pathak's resignation and stated that they will announce his replacement shortly. This prompt action suggests the company's commitment to ensuring a smooth transition in its financial leadership.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements demonstrates Shalby's commitment to transparency and corporate governance.

Looking Ahead

As Shalby Limited prepares to navigate this transition in its financial leadership, stakeholders will be keenly watching for the announcement of Mr. Pathak's successor. The choice of the new CFO could provide insights into the company's financial strategy and future direction.

The impact of this change on Shalby Limited's operations and financial management will likely become clearer in the coming months as the new CFO takes charge and implements their vision for the company's financial future.

Historical Stock Returns for Shalby

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%-3.51%-10.11%+11.15%+3.01%+127.34%
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