Disclosure of default on corporate credit card dues of Rs 0.36 Cr
OSIAHYPER · price
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Osia Hyper Retail disclosed a delayed payment on unsecured corporate credit card dues of Rs 0.36 Crore (including interest), with the default dated 19 August 2025 in FY 2025-26. The company says there is no material impact on operations or financials. Actual amount stands at nil as dues have been regularized. Corrective steps include stronger internal controls, better cash flow planning, and tighter treasury monitoring.
Minor and already regularized; no material hit to operations or finances. Points to weak treasury controls, but corrective action taken.