MUKKA : PROVIDES RS 73.58 CR GUARANTEE AND SBLC FOR SUBSIDIARY

• Board approved corporate guarantee, SBLC and fixed deposit security for credit facilities to be availed by subsidiary United Gulf Fishery Products LLC, Oman, from HDFC Bank. • Aggregate value up to ₹73.58 Cr (Rs. 735,830,000). • Guarantee and SBLC will constitute contingent liability to the extent of credit facilities availed; fixed deposit remains subject to lender terms. • Company will have right to recover from subsidiary any amount paid or obligation discharged on invocation/enforcement. • Relevant agreements/documents are yet to be executed.

Mukka Proteins Limited

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