Default1 May 2026, 12:25 pm
Jyoti Ltd Defaults on ₹76 Cr Principal Payment
AI Summary
Jyoti Ltd has disclosed defaults on restructured debt obligations, specifically a principal amount of ₹76 crore, to Rare Asset Reconstruction Limited as of March 31, 2026. The disclosure, made on May 1, 2026, reveals total outstanding borrowings of ₹209.25 crore from banks and financial institutions, representing the company's total financial indebtedness.
Key Highlights
- Jyoti Ltd defaulted on ₹76 Cr principal to Rare Asset Reconstruction.
- The default date is March 31, 2026; disclosure made May 1, 2026.
- Total outstanding borrowings from banks/financial institutions: ₹209.25 Cr.
- Jyoti Ltd's total financial indebtedness stands at ₹209.25 Cr.