
Loan & Debt31 Oct 2026, 03:40 pm
Ansal Housing Defaults ₹96.27 Cr on Project Funding Loan
AI Summary
Ansal Housing Limited has disclosed a default on a project funding loan amounting to ₹96.27 Crores in principal. The default occurred on September 30, 2026, with the lender being Suraksha Asset Reconstruction Private Limited. The original loan amount was ₹169.00 Crore, with a repayment schedule extending to December 31, 2026, at an interest rate of 14% per annum. This secured loan is part of the company's total outstanding borrowings from banks and financial institutions, which stand at ₹193.37 Crore, and its total financial indebtedness of ₹201.88 Crore. The disclosure was made on October 31, 2026, in accordance with SEBI guidelines.
Key Highlights
- Ansal Housing defaults on ₹96.27 Cr principal of project funding loan.
- Lender is Suraksha Asset Reconstruction Private Limited.
- Loan secured, with 14% p.a. interest rate.
- Total debt stands at ₹201.88 Crore.
- Disclosure made as per SEBI guidelines.
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