Interworld Digital reports loan default of Rs 0.06 crores for June 2026 quarter
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Interworld Digital disclosed defaults on loans as of 30 June 2026. Total outstanding debt was Rs 2.21 crores, with Rs 0.06 crores in default. The default is on the last installment of a vehicle loan from Kotak Mahindra Prime Limited. The company says past Managing Director Man Mohan Gupta allegedly shifted the company's business and intellectual property to other entities and holds the vehicle, blocking repayment. Other debt includes Rs 2.15 crores in short-term unsecured loans.
Default amount is small relative to total debt. Recovery likely depends on legal action against the ex-MD who allegedly took the vehicle and business assets.