Ansal Housing discloses Rs 55.62 Cr loan default to Suraksha ARC
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Housing has disclosed a default of Rs 55.62 crore in principal on a project funding loan from Suraksha Asset Reconstruction Pvt Ltd (trustee of Suraksha ARC-034 Trust). The default occurred on 31 March 2026 and remains unpaid beyond 30 days. Total project funding was Rs 169 crore at 14% p.a., secured, with monthly installments due till December 2026. Total outstanding borrowings stand at Rs 205.91 crore and overall financial indebtedness is Rs 230.40 crore. Filed under SEBI's mandatory default disclosure norms.
Signals financial stress; default to an ARC suggests the loan was already classified as stressed. Negative for share price and credit profile.