Rs 193.67 crore loan default disclosed amid ongoing insolvency process
ANSALAPI · price
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Ansal Properties disclosed defaults on bank and financial institution loans for the quarter ended September 30, 2025. Principal outstanding was Rs 196.34 crore, of which Rs 193.67 crore was in default. Total financial debt was Rs 282.72 crore. The National Company Law Tribunal started an insolvency process against the company on February 25, 2025, and a court-appointed professional now manages its affairs.
Persistent defaults and ongoing insolvency proceedings increase credit risk and shareholder uncertainty, with likely pressure on the stock.