Giving guarantees/indemnity/ becoming a surety for third party

Puravankara Limited has informed the Exchange that it has provided an additional Corporate Guarantee on behalf of its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited. This guarantee aims to enhance the subsidiary's credit facilities. For investors, this signifies Puravankara's financial support for its subsidiary's operations or growth, which could enable new projects but also increases the parent company's contingent liabilities.