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Eiko Lifesciences Challenges IDBI Bank ₹58 Lakh Guarantee Claim From 1986

IDBI Bank logoIDBI Bank
Sig1.55Sen-1.20Env0.00Soc0.00Gov-1.60

Eiko Lifesciences disclosed that its erstwhile entity Narendra Investments (Delhi) received facilities benefiting Consolidated Steels & Alloys Limited backed by a ₹58 lakh guarantee allegedly linked to 1986. The guarantee claim by IDBI Bank is disputed, with legal remedies pursued and the update reported under SEBI Regulation 30. Separately, Eiko reported Q1FY27 consolidated profit growth.

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