Walpar Nutritions Limited has approved a corporate guarantee worth Rs. 56.4 million in favor of SIDBI, backing a term loan for its subsidiary Walpar Wellness Private Limited. The move strengthens the subsidiary’s financial access while creating a contingent liability for the parent company.
Walpar Nutritions Limited announced that its Board of Directors, in a meeting held on March 20, 2026, approved issuing a corporate guarantee to SIDBI for a term loan of Rs. 5.64 crore to Walpar Wellness Private Limited.
Corporate Guarantee Approval
The guarantee secures a loan facility availed by Walpar Wellness Private Limited, ensuring SIDBI’s confidence in extending credit. The transaction has been confirmed to be at arm’s length, with no promoter group interest involved.
Financial Implications
While the guarantee does not immediately impact Walpar Nutritions’ financials, it represents a contingent liability. Should the subsidiary default, the parent company would be obligated to honor repayment commitments.
Key Highlights
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Corporate guarantee of Rs. 5.64 crore approved
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Guarantee issued in favor of SIDBI
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Beneficiary: Walpar Wellness Private Limited, subsidiary of Walpar Nutritions
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No promoter group interest; transaction at arm’s length
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Guarantee constitutes contingent liability for Walpar Nutritions
Sources: Company filing with NSE