5438292026-08-11iso4217:INRGSLSUGLOBAL SURFACES LIMITED543829NOTLISTEDINE0JSX01015Giving of guarantees or indemnity (Sub-para 11-Para B)Newtrue2026-08-1016:30:0017:15:002026-08-11Giving guaranteesGLOBAL SURFACES FZEtrueThe promoter/promoter group have no interest in the proposed transactions except, Mr. Mayank Shah, Promoter, and Mrs. Sweta Shah, part of the Promoter Group, are also Directors on the Board of FZE.trueHDFC Bank Limited, GIFT City IBU, Gujarat, has extended certain Working Capital Term Loan facilities to Global Surfaces FZE, Dubai ("FZE"), the Company's wholly owned subsidiary. The said facilities availed by FZE are secured by a Standby Letter of Credit ("SBLC") issued by HDFC Bank Limited, forming part of the overall credit facilities sanctioned by the said Bank in the name of the Company. The Company is accordingly acting as a surety/guarantor for the said facilities availed by FZE, by way of the SBLC issued on its behalf and in its name. Certain of the said Working Capital Term Loan facilities availed by FZE were due for maturity, for which a roll-over has been obtained by FZE from HDFC Bank Limited. Consequent thereto, and in order to continue securing the said rolled-over facilities, the Company's SBLC issued in favour of HDFC Bank Limited amounting to ₹2 crore is also being rolled over/renewed for a corresponding period.In consideration of extending the said guarantee/surety, the Company charges an appropriate Guarantee commission from FZE, and the transaction is accordingly undertaken on an arm's length basis.20000000The extension/roll-over of the said guarantee/surety by way of the SBLC does not have any material impact on the financial position of the Company, as it does not involve any fresh cash outflow and represents a continuation of the existing credit support already extended by the Company to its wholly owned subsidiary, FZE, in the ordinary course of business. The Company continues to charge a guarantee commission on the said SBLC from FZE. The guarantee, being a contingent liability, is disclosed as such in the notes to the financial statements of the Company.