Ansal Housing Defaults on ₹78.26 Cr Project Funding Loan

Ansal Housing Limited has disclosed a default on a project funding loan amounting to ₹78.26 crore (principal). The default occurred on June 30, 2026, with the lender being Suraksha Asset Reconstruction Private Limited. The total project funding was ₹169.00 crore, with a repayment tenure extending to December 31, 2026, at an interest rate of 14% per annum. The loan is secured. The company's total outstanding borrowings from banks and financial institutions stand at ₹200.13 crore, with total financial indebtedness at ₹222.67 crore.