Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for unlisted debt securities i.e. NCDs and NCRPS

Debt RestructuredCredit & Debt View source PDF

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▲ 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

-6.3%1-day move

₹0.32

prior close

₹0.31

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After-mkt

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+0.0+0.0+0.0+0.0-6.3-3.1+0.0+3.1+6.3+12.5+21.9+15.6+15.6+21.9

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AI summary

Quadrant Televentures Limited, which is under Corporate Insolvency Resolution Process (CIRP) following NCLT order dated September 2, 2025, has disclosed a default on its 2% Non-Convertible Cumulative Fully Redeemable Preference Shares (NCRPS). The default amounts to ₹159.85 crore covering financial years 2021-22 through 2025-26. The NCRPS were issued at ₹100 per share with a total issue of ₹159.85 crore, meant to be redeemed equally from April 2021 to March 2025 over a 15-year tenure. Five investors are affected by this default. The company's total financial indebtedness stands at ₹2,088.66 crore as of March 31, 2026.

Likely market impact

This disclosure signals extreme financial distress for Quadrant Televentures, which is already undergoing insolvency proceedings. Shareholders face significant risk as the company defaults on preference share obligations with nearly ₹2,089 crore in total debt. The stock is likely to remain under severe pressure given the ongoing CIRP and mounting defaults.