Quarterly Updates7 April 2026 at 02:21 pm
Mohite Industries Ltd. Defaults on Loan Repayment of INR 2905.79 Crore
AI Summary
Mohite Industries Ltd. has disclosed defaults on payment of interest and repayment of principal amount on loans from banks and financial institutions. The total amount outstanding as of the quarter ended 31st March 2026 is INR 7615.15 Crore, out of which INR 2905.79 Crore is in default. There are no defaults on unlisted debt securities. The disclosure is in accordance with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019.
Key Highlights
- Mohite Industries Ltd. reports defaults on loan repayment
- Total amount outstanding as of 31st March 2026 is INR 7615.15 Crore
- INR 2905.79 Crore is in default
- No defaults on unlisted debt securities
- Disclosure in accordance with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140