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524480 — Riddhi Siddhi Gluco Biols News Story

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Brief: Riddhi Siddhi Gluco Biols extends loan guarantee of 800 mln rupees

June 16 (Reuters) - Riddhi Siddhi GluCo Biols Ltd  RSGB.BO : 
 * Contributed inr 2.05 billion as partners contribution of 99.95% in Riddhi 
Siddhi infraspace llp, a limited liability partnership firm 
 * Extended guarantee of inr 800 million for availing loan for the said entity 
in turn has purchased land & building at ahmedabad 
 
 * Source text:[Riddhi Siddhi Gluco Biols Ltd has informed BSE that the company has contributed Rs. 205 crores as partners contribution of 99.95% in RIDDHI SIDDHI INFRASPACE LLP, a Limited Liability Partnership Firm and also extended guarantee of Rs. 80 crore for availing loan by them The said entity in turn has purchased land & building at Ahmedabad] 
 
 * Further company coverage  RSGB.BO  
 ((Bengaluru Newsroom; +91 80 6749 1130))

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