Max Estates has issued an additional corporate guarantee of INR 50 Crores to Catalyst Trusteeship Limited for Max Square Limited. With an existing guarantee of INR 200 crores, the total corporate guarantee obligation now stands at INR 250 crores for a loan to Max Square Limited. The announcement was made on February 4, 2026.
Corporate Guarantee Issued
Max Estates Limited announced on February 4, 2026, the issuance of an additional Corporate Guarantee of INR 50 Crores to Catalyst Trusteeship Limited. This guarantee supports the loan taken by its subsidiary, Max Square Limited.
Details of the Guarantee
This new guarantee increases the total corporate guarantee obligation for Max Square Limited’s loan to INR 250 crores. This comprises the new INR 50 Crores guarantee along with the previously issued guarantee of INR 200 crores. The guarantee was issued to facilitate the financing of Max Square Limited’s commercial project in Sector 129, Noida.
Subsidiary Interest and Arm’s Length Transaction
Max Square Limited (MSL) is a subsidiary of Max Estates. The transaction is considered an arm’s length transaction. MSL received sanctions from ICICI Bank Limited and Yes Bank Limited for INR 292 crores each. These funds are designated for the balance cost of construction and development of a commercial project located in Sector 129, Noida.
Impact on Listed Entity
The corporate guarantee is a contingent liability for Max Estates and is not expected to impact the company’s consolidated debt position. The guarantees will remain in effect until MSL’s secured obligations are fully paid and discharged by the lenders.
Source: BSE
