Ansal Housing defaults on ₹61.82 Cr principal for project funding

Ansal Housing Limited has disclosed a default on a project funding loan, with a principal amount of ₹61.82 crore due as of March 31, 2026. The default is on a secured loan of ₹169 crore from Suraksha Asset Reconstruction Private Limited, carrying a 14% p.a. interest rate, with repayments scheduled monthly until December 2026. The company reported total outstanding borrowings from banks/financial institutions at ₹206.43 crore and total financial indebtedness, including short-term and long-term debt, at ₹230.93 crore.