BGR Energy defaults on full bank loan of Rs 4,091 crore
BGRENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BGR Energy Systems has disclosed to the exchange that it has defaulted on the entire outstanding amount of loans and revolving facilities from banks and financial institutions, totalling Rs 4,091.09 crore as of 30 June 2026. The company has no outstanding unlisted debt securities. Its total financial indebtedness stands at Rs 4,524.27 crore, which includes about Rs 433 crore of other short and long-term debt. This is a quarterly disclosure of defaults filed under SEBI rules, indicating severe liquidity stress.
Extremely negative. 100 percent default on bank debt signals deep financial distress, likely rating downgrades, and serious risk for shareholders and lenders.