Intimation of repayment of EMI
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Awaiting price reaction for this filing.
Shashijit Infraprojects Ltd has informed BSE that it has repaid a previously defaulted loan amount of Rs. 3,30,000 to banks/financial institutions on 28th September 2025. The company had earlier intimated the stock exchange about the default in payment of interest/principal on its loans. According to the disclosure, the default was minor in size but could impact the company's credit score, with no other material financial impact since the amount has now been repaid. This filing is a subsequent intimation under SEBI's Listing Regulations to keep the exchange updated on the resolution.
This is positive news for shareholders as it shows the company has cleared its overdue obligation, though the small size of the amount (Rs. 3.3 lakh) means limited financial impact. However, investors should note the prior default could affect future borrowing costs and lender confidence.