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Ashiana Housing Discloses Corporate Guarantee Under SEBI Regulations

Story Highlights
  • Ashiana Housing disclosed a corporate guarantee for a joint venture with Kairav Developers.
  • The guarantee, valued at INR 5.72 crores, is not expected to impact Ashiana’s operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashiana Housing Discloses Corporate Guarantee Under SEBI Regulations

Confident Investing Starts Here:

Ashiana Housing Limited ( (IN:ASHIANA) ) just unveiled an update.

Ashiana Housing Limited has disclosed a corporate guarantee under SEBI regulations, involving a transaction with Kairav Developers Limited, a joint venture with Arihant Foundations & Housing Ltd. The guarantee, valued at approximately INR 5.72 crores, is part of a Master Rent Agreement with Novus Procura India Private Limited and is provided to InCred Financial Services Limited. This issuance is not expected to have a material impact on Ashiana Housing’s operations.

More about Ashiana Housing Limited

Ashiana Housing Limited operates in the real estate industry, focusing on the development of residential properties. The company is known for its housing projects and has a market focus on providing quality homes to its customers.

YTD Price Performance: -14.69%

Average Trading Volume: 13,309

Current Market Cap: 30.32B INR

Find detailed analytics on ASHIANA stock on TipRanks’ Stock Analysis page.

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