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KDDL Limited ( (IN:KDDL) ) has provided an update.
KDDL Limited has announced the provision of a corporate guarantee amounting to EUR 2.63 million (CHF 2.44 million) for a revolving loan facility extended by ICICI Bank UK PLC – Germany Branch to its wholly owned subsidiary, Pylania AG. This guarantee is intended to support the subsidiary’s working capital needs and is recorded as a contingent liability in KDDL’s financial statements, with no immediate impact on the company’s operations or financial position.
More about KDDL Limited
KDDL Limited operates in the manufacturing industry, primarily focusing on watch components and precision engineering products. The company serves a global market with a particular emphasis on high-quality manufacturing and innovation.
Average Trading Volume: 708
Technical Sentiment Signal: Sell
Current Market Cap: 31.3B INR
See more data about KDDL stock on TipRanks’ Stock Analysis page.