Patspin India Defaults on ₹34.34 Cr Loans from Banks

Patspin India Ltd has disclosed defaults on loan payments to Central Bank of India, State Bank of India, and Karur Vysya Bank. The total default amount stands at ₹34.34 Crore, comprising ₹23.33 Crore in principal and ₹11.01 Crore in interest, as of September 30, 2026. The company's total outstanding borrowings from banks and financial institutions amount to ₹56.67 Crore, which also represents its total financial indebtedness. This disclosure is made in compliance with SEBI circular SEBI/HO/CFD/CMDL/CIR/P/2019/140 dated November 21, 2019.