Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Star Housing Finance Limited has disclosed two separate loan defaults to BSE under SEBI regulations. The first default is with Hinduja Housing Finance Limited, where a term loan instalment of Rs. 0.50 crore (principal only, no interest) became overdue from 28-February-2026. The second default is with LIC Housing Finance Limited, where a term loan instalment of Rs. 1.32 crore (principal only, no interest) became overdue from 01-March-2026. Combined, the company has defaulted on Rs. 1.82 crore in principal repayments. The company's total financial indebtedness stands at Rs. 410.02 crore. Both loans are secured term loans with scheduled instalments.
This disclosure signals financial stress at Star Housing Finance, as the company has missed scheduled loan repayments to two lenders. This could negatively impact the company's credit rating, increase borrowing costs, and raise concerns among investors about the company's liquidity and ability to service its debt obligations.