Intimation of repayment of EMI
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Shashijit Infraprojects has informed BSE that it has repaid an overdue interest/principal amount on loans taken from banks and financial institutions on 2nd June 2025. The company had previously defaulted on a payment of Rs. 82,700, which is a very small amount relative to a listed entity. The company states that aside from a possible minor impact on its credit score, the default has no other material financial impact since the amount has now been fully repaid.
This is a minor positive development — the company has cleared a small overdue loan amount, reducing default-related risks. However, the prior default may have already dented its credit profile, and shareholders should note the company had missed a scheduled repayment earlier.