Ansal Housing Defaults on ₹84.42 Cr Loan Principal

Ansal Housing Limited has disclosed a default on a project funding loan amounting to ₹84.42 crore in principal. The default occurred on July 31, 2026, concerning a loan from Suraksha Asset Reconstruction Private Limited (as Trustee of Suraksha ARC-034 Trust). The total principal amount for this project funding was ₹169.00 crore, with a repayment tenure extending to December 31, 2026, at an interest rate of 14% per annum. This secured loan is being repaid in monthly installments. The company's total outstanding borrowings from banks and financial institutions stand at ₹196.91 crore, with total financial indebtedness at ₹218.91 crore.