
Default6 Oct 2026, 05:20 pm
Madhucon Projects: No Loan Default as of Sep 30, 2026
AI Summary
Madhucon Projects Ltd. submitted a disclosure for the quarter ended September 30, 2026, confirming no defaults on payment of interest or repayment of principal amount for loans from banks and financial institutions. The disclosure, dated October 6, 2026, explicitly states that the current default amount for principal, interest, and other charges is Nil. Similarly, total outstanding fund-based borrowings from banks/financial institutions are reported as Nil. However, the company's total financial indebtedness, encompassing short-term and long-term debt (including non-fund based), stands at ₹130.68 Crore. This filing complies with SEBI regulations.
Key Highlights
- Madhucon Projects reported no loan defaults as of Sep 30, 2026.
- Current default amount for principal and interest is Nil.
- Total outstanding fund-based borrowings from banks are Nil.
- Total financial indebtedness stands at ₹130.68 Crore.
- Disclosure made as per SEBI regulations for Q3 FY27.
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