Shah Alloys approves One Time Settlement of Rs 18 crore with HDFC Bank

Debt RestructuredLoan NpaCredit & Debt View source PDF Explain this filing

SHAHALLOYS · price

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹62.00

prior close

₹59.25

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+2.0%-1.1% vs market

Iron & Steel Products peers, median of 92sector+1.0%-0.1% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.1 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 92Pending

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AI summary

Shah Alloys has agreed to a One Time Settlement of Rs 18 crore with HDFC Bank, payable by February 25, 2026, as full and final settlement of total dues. The dispute had been pending before Debt Recovery Tribunal since 2019 and was also referred to NCLT following an earlier BIFR order. The board approved the OTS on January 27, 2026, ending a long legal battle.

Likely market impact

Resolves long-pending HDFC Bank debt, cutting legal and financial uncertainty. Company must pay Rs 18 crore by Feb 25, 2026.