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Corporate News

Caliber Mining secures board approval for Rs. 200 Crore corporate guarantees to subsidiaries
27-Oct-2026, 02:14

Caliber Mining and Logistics Limited, formerly Caliber Mercantile Private Limited, announced that its board of directors approved corporate guarantees totaling up to Rs. 200 Crore for its wholly owned subsidiaries, Caliber Natural Resources Private Limited and Caliber Mines and Minerals Private Limited, for loans and credit facilities through March 31, 2027. Specifically, a guarantee of up to Rs. 20 Crore was approved for Caliber Natural Resources Private Limited in favor of HDFC Bank Limited to secure a vehicle/equipment loan for Dudhichua OCP work for Northern Coalfields Limited.