Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jyoti Limited has disclosed a default on its re-structured debt facility as of 31st March 2025, filed under SEBI's Section V-B circular. The lender is Rare Asset Reconstruction Limited, and the company has defaulted on a principal amount of Rs 144.75 crore, with no interest component in default. The total outstanding borrowing from this lender stands at Rs 220.75 crore, which also represents the company's entire financial indebtedness. The filing is mandatory under SEBI rules requiring listed entities to disclose any defaults on loans from banks or financial institutions.
This is a major red flag for shareholders — Jyoti Ltd has defaulted on nearly two-thirds of its total debt with an asset reconstruction company, signalling serious financial distress. The stock may face selling pressure, and the company could be at risk of recovery actions, further restructuring, or erosion of shareholder value.