StockWatch
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Residential- Commercial Projects
Default30 Sept 2026, 04:15 pm

Ansal Housing Defaults on ₹90.22 Cr Loan Repayment

AI Summary

Ansal Housing Limited has disclosed a default on a project funding loan amounting to ₹90.22 Crores in principal. The default occurred on August 31, 2026, with the lender being Suraksha Asset Reconstruction Private Limited (as Trustee of Suraksha ARC-034 Trust). The total project funding was ₹169.00 Crores, with a repayment tenure extending to December 31, 2026, at an interest rate of 14% per annum. This secured loan is currently in default status. The company's total outstanding borrowings from banks and financial institutions stand at ₹195.77 Crores, with total financial indebtedness at ₹213.43 Crores.

Key Highlights

  • Ansal Housing defaults on ₹90.22 Cr principal loan repayment.
  • Lender is Suraksha Asset Reconstruction Private Limited.
  • Loan is secured, with 14% p.a. interest rate.
  • Total borrowings stand at ₹195.77 Cr.
  • Total financial indebtedness is ₹213.43 Cr.