S. Chand approves Corporate Guarantee amounting to Rs28cr in favor of SBI
Fri, Dec 11, 2020 4:21 PM

S. Chand approves Corporate Guarantee amounting to Rs28cr in favor of SBI

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The Board of Directors of S Chand and Company Limited approved the corporate guarantee for an amount of Rs28cr during a meeting held on Thursday. The guarantee is in favour of State Bank of India against the cash credit facility sanctioned to Vikas Publishing House Private Limited. The concern is a wholly-owned subsidiary of the company.

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