Loan & Debt28 Apr 2026, 04:29 pm
National Fittings: No Current Defaults on Bank of India Loans
AI Summary
National Fittings Ltd has submitted disclosures regarding its loan obligations from Bank of India. The company confirmed that there are currently no defaults on payment of interest or repayment of principal amount for its loans, which include WC Term Loan, Packing Credit, and Foreign Bill Purchase (FBP/FBN). The total outstanding amount from Bank of India is ₹9.32 Crores. A WC Term Loan of ₹0.31 Crore is part of this, subsisting until November 30, 2026, with an interest rate of 7.5%.
Key Highlights
- National Fittings reports no current defaults on loan payments.
- Total outstanding loan from Bank of India is ₹9.32 Crores.
- Obligations include WC Term Loan, Packing Credit, and FBP/FBN.
- WC Term Loan of ₹0.31 Cr is active until Nov 2026 at 7.5% interest.
Price Impact
More from NATFIT