Flair Writing to guarantee subsidiary debt up to 200m rupees
Flair Writing Industries Limited's board of directors, at their December 19, 2025 meeting, approved a corporate guarantee for financial facilities availed by its step-down subsidiary, Flomaxe Stationery Private Limited. The guarantee, amounting up to INR 20,00,00,000, will be extended to banks and financial institutions. The company stated no immediate impact on Flair Writing.
The board also addressed a procedural delay in submitting related party transaction disclosures for the half-year ended September 30, 2025. While the filing with the National Stock Exchange of India was timely, a one-day delay occurred in uploading to BSE due to technical errors. The board noted the delay as unintentional and confirmed that the fine levied by the stock exchanges for this non-compliance has been duly paid.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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