Sterling Tools Limited with respect to announcement dated 08-Feb-2022, regarding?Termination of JV Agreement with Factory Masters . On basis of above the Company is required to clarify following: 1. Whether the promoter/ promoter group/ group companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at arms length; 2. Brief details of such guarantee or indemnity or becoming a surety viz. brief details of agreement entered (if any) including significant terms and conditions, including amount of guarantee; 3. Impact of such guarantees or indemnity or surety on listed entity. The response of the Company is awaited.
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