The Company has informed the Stock Exchanges about the Disclosures of defaults on payment of interest/ repayment of principal amount on loans from banks /financial institutions for the quarter ended on the 30th June, 2025
ANSALAPI · price
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Ansal Properties & Infrastructure (APIL) has disclosed massive loan defaults for the quarter ended June 30, 2025. Out of a total outstanding principal of ₹196.34 crore on bank loans and revolving facilities (like cash credit), the company has defaulted on ₹193.67 crore — meaning roughly 99% of its bank debt is in default. There are no defaults on unlisted debt securities (NCDs/NCRPS). The company's total financial indebtedness stands at ₹282.72 crore. The filing is being made because the company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016, which was commenced by the NCLT on February 25, 2025. The Resolution Professional, Shri Navneet Kumar Gupta, is managing the company's affairs and assets.
This confirms APIL is in deep financial distress and already in insolvency proceedings — existing shareholders face significant risk of equity dilution or total loss as lenders and creditors take control through the resolution process. The stock remains highly risky and speculative.