Announced Wed, 12 Aug · 19:04 IST
Eterna seeks extension to repay Rs 35.11 crores to Landmark Property Development
LPDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+29.4%1-day move
₹6.30
prior close
₹6.58
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.3—+29.4+25.4+17.3+15.4+14.1—————
Up moveDown movePending
AI summary
Eterna Living Private Limited has requested an extension of its repayment timeline with Landmark Property Development. Under a March 2026 Refund and Settlement Agreement, Eterna owed about Rs 35.11 crore due September 26, 2026 after paying Rs 15 lakh upfront. Eterna has submitted an Rs 8 crore part-payment cheque and asked to pay the remaining Rs 27.11 crore by March 31, 2027. The Board approved the extension, subject to shareholder approval at the ensuing AGM.
Likely market impact
Pushes recovery of Rs 27.11 crore owed by Eterna to March 2027, subject to shareholder approval. Delays cash inflow.