Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mohite Industries has disclosed defaults on its bank loans and financial facilities as of 31st March 2026. The company's total outstanding loan amount stands at ₹7,615.15 crore, of which ₹2,905.79 crore is in default. This means roughly 38% of its total borrowings from banks and financial institutions are currently overdue. The company has no unlisted debt securities (NCDs/NCRPS) outstanding. The disclosure has been filed under SEBI's November 2019 circular requiring listed companies to reveal any payment defaults on a quarterly basis.
This is a serious red flag — over a third of the company's bank borrowings are in default, signalling deep financial distress. Shareholders should expect heightened risk of further credit issues, potential asset sales, and possible restructuring or dilution ahead.