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.
On the reaction day the stock moved 6.3 pts less than Nifty Microcap 250 and 6.3 pts less than its Consumer Durables 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.
Olympic Cards Ltd has disclosed a default on its mortgage loan from Religare Finvest Ltd, with the default occurring on July 23, 2025. The total default amount is Rs. 7.46 lakh, comprising Rs. 5.89 lakh in principal and Rs. 1.57 lakh in interest. The original loan was Rs. 5.05 crore at 14.50% interest for a 120-month tenure, with Rs. 1.31 crore still outstanding to Religare. The company's total financial indebtedness stands at Rs. 25.71 crore (including unsecured loans), of which Rs. 12.48 crore is owed to banks and financial institutions as of June 30, 2025.
This default signals financial stress for Olympic Cards Ltd and may negatively affect its credit profile and borrowing costs. While the default amount itself is small, it could trigger further scrutiny from lenders and potentially lead to a reclassification of the loan as a non-performing asset (NPA).