Worth Peripherals Ltd

🔄 Worth Peripherals extends Rs. 1 Crore guarantee for JV's working capital renewal

- Extending Co-Obligancy (Guarantee) for M/s Yash Packers (JV)

- Facility: Rs. 1,00,00,000/- from Federal Bank

- Period: 12 months

- Interest: 8.30% p.a.

- Margin: 25% on stock and book debts

- Transaction at arm's length, no promoter interest

- Co-Obligancy is a contingent liability

- No current impact on the Company