NARCL takes over bank loans; reported defaults remain nil
BGRENERGY · price
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Revised disclosure for the quarter ended 30 September 2025: NARCL took over BGR Energy's bank loans on that date. The company could not ascertain total outstanding loans and revolving facilities or total financial indebtedness because of the takeover. It reported nil default amount. Unlisted debt securities outstanding and defaults were also nil.
Debt amounts remain unclear after the NARCL takeover, although nil reported defaults and nil unlisted debt securities reduce immediate default concerns.