NSEGiving guarantees/indemnity/ becoming a surety for third party11 Sept 2026 · 11 Sept 2026, 09:19 pm
Giving guarantees/indemnity/ becoming a surety for third party
United Foodbrands Limited · UFBL
✦ AI SummaryRegulatory
United Foodbrands Limited has informed the Exchange about Issuance of Bank Guarantee in the form of a Stand-by Letter of Credit (SBLC) amounting to ₹17,00,00,000/- or its equivalent, issued through ICICI Bank Limited, Bengaluru Branch, in connection with the Foreign Currency Term Loan (FCTL) availed by Barbeque Nation Restaurant LLC, a wholly owned step-down subsidiary of the Company.
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United Foodbrands Limited has informed the Exchange about Issuance of Bank Guarantee in the form of a Stand-by Letter of Credit (SBLC)
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Date: September 11, 2026
The Manager The Manager
Listing Department Listing & Compliance Department
BSE Limited National Stock Exchange of India Limited
P. J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Mumbai - 400001 Bandra East, Mumbai - 400051
Maharashtra, India Maharashtra, India
Scrip Code: 543283 Scrip Symbol: UFBL
Dear Sirs,
Subject: Issuance of Bank Guarantee in the form of a Stand-by Letter of Credit (SBLC)
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform
you that the Company has provided a bank guarantee in the form of a Stand-by Letter of Credit
(SBLC) amounting to ₹17,00,00,000/- or its equivalent, issued through ICICI Bank Limited,
Bengaluru Branch, in connection with the Foreign Currency Term Loan (FCTL) availed by
Barbeque Nation Restaurant LLC, a wholly owned step-down subsidiary of the Company.
The aforesaid guarantee shall be issued in one or more tranches, in line with the drawdown
of the FCTL by the aforesaid wholly owned step-down subsidiary.
Further, the details as required under Regulation 30 of the SEBI LODR Regulations read with
the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11,
2023 (last updated on January 30, 2026), in respect of the issuance of the Bank Guarantee in
the form of an SBLC, are enclosed herewith as Annexure-1.
This intimation will also be made available on the Company’s website at
www.unitedfoodbrands.in under the Investors section.
This is for your information and records.
Thanking you.
Yours faithfully,
For United Foodbrands Limited
(Formerly known as Barbeque-Nation Hospitality Limited)
Nagamani C Y
Company Secretary & Compliance Officer
M. No.: A27475
Encl.: As above
Annexure-1
Details with respect to issuance of Bank Guarantee in the form of a SBLC
Particulars Disclosures
Name of party for which such guarantees Barbeque Nation Restaurant LLC, a wholly owned step-
or indemnity or surety was given down subsidiary (“Borrower”)
The promoters/ promoter group do not have any interest in
Whether the promoter/ promoter group/ this transaction.
group companies have any interest in this
b) transaction? If yes, nature of interest and The guarantee provided by the Company is on arm’s length
details thereof and whether the same is basis and is in compliance with the applicable provisions of
done at “arm’s length” the Companies Act, 2013 and the rules made thereunder
and other applicable laws.
The Company has provided a bank guarantee in the form
of a Stand-by Letter of Credit (SBLC) amounting to
₹17,00,00,000/- or its equivalent, issued through ICICI
Brief details of such guarantee or Bank Limited, Bengaluru Branch, in connection with the
indemnity or becoming a surety viz. brief Foreign Currency Term Loan (FCTL) availed by the
details of agreement entered (if any) Borrower, as mentioned below:
including significant terms and
conditions, including amount of Name of the Lender FCTL Amount
guarantee ICICI Bank Limited, IFSC ₹15,00,00,000/- or its
Banking Unit at GIFT City equivalent
Gandhinagar
The issue of Bank Guarantee in the form of SBLC is a
Impact of such guarantees or indemnity
d) contingent liability for the Company. At this point, there is
or surety on listed entity
no impact of this guarantee on the Company.