Max Estates has issued an additional INR 100 crore corporate guarantee to Catalyst Trusteeship Limited on behalf of its subsidiary, Max Square Limited. This move increases the company’s total corporate guarantee obligation for the subsidiary to INR 350 crore. The guarantee supports existing financing facilities for a commercial project in Noida, and management has confirmed that this remains a contingent liability without impacting the firm’s overall consolidated debt position.
Strengthening Financial Support for Max Square
On April 27, 2026, Max Estates announced the issuance of an additional INR 100 crore corporate guarantee. This financial commitment is directed toward supporting the operations of Max Square Limited (MSL), a subsidiary involved in the development of a commercial project located in Sector 129, Noida.
Strategic Financial Commitment
The new guarantee complements previously issued corporate guarantees totaling INR 250 crore, bringing the aggregate commitment to INR 350 crore. These facilities are maintained with ICICI Bank Limited and Yes Bank Limited, which have provided sanctioned limits of INR 292 crore each to MSL to fund construction and development costs.
Impact on Financial Standing
According to the company, this transaction has been executed on an Arm’s Length basis. While the issuance represents a formal corporate guarantee, it functions as a contingent liability for Max Estates. The company has clarified that this obligation will not adversely affect its consolidated debt position and will remain in force until all secured obligations of MSL are fully discharged by the lenders.
Source: BSE
