StockWatch
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Residential- Commercial Projects
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.