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Board of S Chand & Company approves corporate guarantee of Rs 30 cr for subsidiary

Capital Market 

At meeting held on 10 August 2019

S Chand & Company announced that the Board of Directors of the company at its meeting held on 10 August 2019 has approved the Corporate Guarantee for an amount of Rs. 30.00 crores in favour of Tata Capital Financial Services against the term loan sanctioned to Vikas Publishing House (a wholly owned subsidiary of the Company).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 10 2019. 17:24 IST