Subam Papers Debt & Borrowing: ₹40 Cr
Subam Papers Limited has issued a corporate guarantee worth ₹40 Crore to YES Bank, securing credit facilities for its wholly-owned subsidiary.
- Value
- ₹40.00 Cr
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Subam Papers Limited has issued a corporate guarantee worth ₹40 Crore to YES Bank, securing credit facilities for its wholly-owned subsidiary.
Subam Papers Ltd issued a ₹11.70 Crore corporate guarantee to HDFC Bank for Nellai Subam Packaging LLP. This creates a contingent liability for the company.
Subam Papers Limited submitted its initial disclosure for FY 2025-26, confirming it does not meet the criteria for a 'Large Corporate' under SEBI norms. The company reported zero outstanding long-term borrowings as of March 31, 2025. This filing is a routine regulatory requirement for listed entities regarding debt-raising frameworks.