Gujarat Fluorochemicals Limited has issued in its ordinary course of business a corporate guarantee to Catalyst, Debenture Trustee for the issue of Non-convertible Debentures by Resco Global Wind Services Private Limited (RESCO), group company of the Company with base issue size of INR 750 million and a green shoe option to retain oversubscription amounts of upto INR 250 million, on private placement basis, in order to reduce finance cost and improve borrowing structure, on private placement basis, in order to reduce finance cost and improve borrowing structure, which is within the limit approved by the Shareholders of the Company. This Corporate Guarantee issued is within the limit approved by the Shareholders of the Company.