Disclosure of defaults on payment of interest/repayment of principal amount on loans from banks/financial institutions as on December 31, 2025 attached
ASIANHOTNR · price
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Asian Hotels (North) Limited has disclosed that the entire amount of its outstanding bank loans and financial facilities, totaling INR 770.12 crore, is in default as of December 31, 2025. The company has defaulted on 100% of its borrowings from banks and financial institutions, meaning it has not repaid any principal or interest as due. The filing was made under SEBI's mandatory disclosure norms requiring listed companies to report such defaults. This represents a complete default on the company's entire debt portfolio with no unlisted debt securities involved.
This is a highly negative signal for shareholders — a 100% default on all bank loans of nearly ₹770 crore suggests severe financial distress and possible insolvency risk. The stock is likely to face sharp negative sentiment, and recovery for shareholders could be at risk if lenders initiate recovery proceedings or restructuring.