Loan & Debt30 Mar 2026, 05:21 pm
Ansal Housing Defaults on Principal Repayment of Rs. 55.62 Crores to Suraksha Asset Reconstruction
AI Summary
Ansal Housing Ltd. has disclosed a default on the repayment of principal amount to Suraksha Asset Reconstruction Private Limited, acting in its capacity as Trustee of Suraksha ARC-034 Trust. The default amount is Rs. 55.62 Crores as of 28th February, 2026. The total outstanding borrowings from banks/financial institutions amount to Rs. 207.33 Crore, and the total financial indebtedness of the listed entity, including short-term and long-term debt, is Rs. 231.87 Crore.
Key Highlights
- Ansal Housing Ltd. has defaulted on the repayment of principal amount to Suraksha Asset Reconstruction
- The default amount is Rs. 55.62 Crores as of 28th February, 2026
- The total outstanding borrowings from banks/financial institutions amount to Rs. 207.33 Crore
- The total financial indebtedness of the listed entity is Rs. 231.87 Crore
- The repayment will be made in monthly instalments till 31st December, 2026, with a 14% p.a. interest rate