Legal10 Mar 2026, 11:15 am
India Homes Ltd Receives Sanction for One-Time Settlement with J C Flowers Asset Reconstruction Private Limited
AI Summary
India Homes Ltd has announced that it has received a sanction on 9/03/2026 for a one-time settlement with J C Flowers Asset Reconstruction Private Limited. This settlement is in respect of all its secured borrowings, including outstanding secured loans and facilities availed by the company. After this payment, all the secured borrowings of the company will be paid off.
Key Highlights
- India Homes Ltd has received a sanction for a one-time settlement with J C Flowers Asset Reconstruction Private Limited.
- The settlement is in respect of all the company's secured borrowings.
- This includes outstanding secured loans and facilities availed by the company.
- After this payment, all the secured borrowings of the company will be paid off.
- The settlement is in line with Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.