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 defaults on term loan instalment payments. The first default is to Hinduja Housing Finance Limited, with a principal amount of Rs. 0.50 crore defaulted on 28-February-2026. The second default is to LIC Housing Finance Limited, with a principal amount of Rs. 1.32 crore defaulted on 01-March-2026. Both defaults are secured term loans and no interest amounts are in default. The company's total financial indebtedness stands at Rs. 410.02 crore, making these defaults relatively small in proportion to overall borrowings. The disclosure is made pursuant to SEBI regulations requiring listed entities to report loan payment defaults.
These formal default disclosures indicate stress in the company's debt servicing ability and may raise concerns among investors and lenders. While the default amounts are modest relative to total debt of Rs. 410 crore, the filings could negatively impact investor sentiment and potentially affect the company's ability to raise fresh credit.