Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Housing Limited has disclosed a default on repayment of principal amount to Suraksha Asset Reconstruction Private Limited (acting as Trustee of Suraksha ARC-034 Trust). The default amount is Rs. 66.60 Crores of principal as of 30th May 2026. The original project funding loan was Rs. 169 Crore secured loan at 14% p.a. interest, with repayment structured in monthly installments until 31st December 2026. Total outstanding borrowings from banks/financial institutions stand at Rs. 203.51 Crore, while total financial indebtedness including short-term and long-term debt is Rs. 226.12 Crore.
This is a significant negative development as the company has failed to repay Rs. 66.60 Crores in principal, indicating acute financial stress. With total debt of Rs. 226.12 Crore, this default increases risk of further default actions, potential asset recovery by the lender, and possible NCLT proceedings, which could severely impact shareholder value.