SAMHI Hotels Limited is extending a corporate guarantee for a loan facility of INR 70,00,00,000/- to its wholly-owned subsidiary, Duet India Hotels (Hyderabad) Private Limited. The loan is being provided by ICICI Bank Limited. This guarantee is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aims to secure the facility availed by the subsidiary. The company states there will be no material impact on its listed entity.
Corporate Guarantee Issued for Subsidiary Loan
SAMHI Hotels Limited (SHL) has announced the issuance of a corporate guarantee in favour of ICICI Bank Limited. This guarantee is to secure a loan facility amounting to INR 70,00,00,000/- (Rupees Seventy Crore only) that has been or will be availed by its wholly-owned subsidiary, Duet India Hotels (Hyderabad) Private Limited. The terms and conditions for this guarantee are detailed in the Credit Arrangement Letter dated 07th October 2026, issued by the Lender.
Transaction Details
The disclosure, made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirms that SAMHI Hotels Limited holds 100% of the paid-up share capital of Duet India Hotels (Hyderabad) Private Limited. It is explicitly stated that neither the promoters nor the promoter group companies have any interest in this specific transaction. The corporate guarantee is being provided on an arm’s length basis and complies with relevant provisions of the Companies Act, 2013, and SEBI LODR Regulations.
Impact on Listed Entity
SAMHI Hotels Limited has assessed the impact of this corporate guarantee on the listed entity, concluding that there is no material impact from this arrangement on the Company. The annexure provides detailed disclosures as required by SEBI regulations regarding the nature of the guarantee, the parties involved, and the financial commitment.
Source: BSE
