Disclosure of default on payment of interest/repayment of principal amount on loans to banks for the quarter ended 31st December 2025.
MADHUCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.9 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Madhucon Projects Limited has disclosed a default on its bank loan obligations as of 31 December 2025. The entire outstanding fund-based loan of Rs 31.44 crore from OBC/Punjab National Bank (now merged) is in default, with the full principal amount overdue and no interest default separately reported. This represents a 100% default on the company's fund-based bank borrowings. The company's total financial indebtedness, including short-term and long-term debt, stands at Rs 160.56 crore. The disclosure is made under SEBI's November 2019 circular requiring listed entities to report loan defaults on a quarterly basis.
This is a serious negative signal for shareholders — a full default on bank borrowings raises significant concerns about the company's financial health, may trigger NPA classification by the lender, and could lead to rating downgrades or recovery actions by the bank. Investors should view this as a high-risk red flag regarding the company's liquidity and debt-servicing capacity.