Usha Martin's USD 5 Million Corporate Guarantee Released by Export Import Bank of India
Usha Martin Limited announced that the Export Import Bank of India has released a $5 million corporate guarantee issued for its subsidiary, Brunton Wire Ropes FZ Co., UAE. The guarantee, originally issued in August 2023, was formally released on November 7, 2025. This development was disclosed in compliance with SEBI regulations and may impact Usha Martin's financial position and liabilities.

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Usha Martin Limited , a prominent player in the wire rope manufacturing industry, has announced a significant development in its financial obligations. The company disclosed that the Export Import Bank of India has released a corporate guarantee of USD 5.00 million, which was previously issued on behalf of its wholly-owned subsidiary, Brunton Wire Ropes FZ Co., UAE.
Key Details of the Corporate Guarantee Release
| Aspect | Details |
|---|---|
| Guarantee Amount | USD 5.00 million |
| Issuing Entity | Export Import Bank of India |
| Beneficiary | Brunton Wire Ropes FZ Co., UAE |
| Relationship to Usha Martin | Wholly-owned subsidiary |
| Original Issue Date | August 2023 |
| Release Notification Date | November 7, 2025 |
| Notification Time | 11:31 A.M. |
Usha Martin received formal intimation of the guarantee release from the Export Import Bank of India on November 7, 2025, at 11:31 A.M. This development marks the conclusion of the financial commitment that was initially established in August 2023.
Regulatory Compliance
In adherence to regulatory requirements, Usha Martin has promptly disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has ensured transparency by making this disclosure available on its official website, www.ushamartin.com , in addition to notifying the relevant stock exchanges.
Implications for Usha Martin
The release of this corporate guarantee may have implications for Usha Martin's financial position. It potentially affects the company's financial capacity and contingent liabilities, which could impact its financial flexibility moving forward.
This development underscores the dynamic nature of corporate financial management and the importance of timely disclosures in maintaining market transparency. Investors and stakeholders of Usha Martin may consider this information as part of their assessment of the company's ongoing financial management strategy.
Historical Stock Returns for Usha Martin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.82% | +1.63% | +4.79% | +54.55% | +13.38% | +1,906.16% |






































