Disclosure of Default in repayment of EMI
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Awaiting price reaction for this filing.
Shashijit Infraprojects has disclosed a default on payment of a term loan EMI as on 28th September 2025. The estimated amount involved is Rs. 3,30,000 (around Rs. 3.3 lakhs). The company has stated that this default may impact its credit score but it plans to clear the dues at the earliest and does not expect any material impact on operations. The disclosure was made under SEBI LODR Regulation 30 read with the July 2023 SEBI circular on default disclosures.
While the default amount is very small, it is a negative signal as it indicates short-term cash flow stress and could affect the company's credit profile. Shareholders should watch for any further defaults or repeated occurrences, as cumulative misses could escalate the issue.