Loan & Debt17 Sept 2026, 12:51 pm
Smaart Tech Receives ₹129.5 Cr Loan Demand Notice
AI Summary
Smaart Tech Services Ltd has received a demand notice from Kripa Anand Rishi Cellular Private Limited for an inter-corporate loan amounting to ₹129.50 Crores plus accrued interest. The creditor has demanded full repayment within 10 days, threatening legal action in case of default. The company is currently evaluating the notice and plans to discuss an amicable resolution or an extension with the creditor. The outstanding principal is ₹129.50 Crores with interest at 9.83% per annum from June 2, 2026.
Key Highlights
- Received demand notice for ₹129.50 Cr inter-corporate loan.
- Creditor demands repayment within 10 days.
- Company evaluating notice and seeking amicable resolution.
- Legal action threatened if repayment is not made.
Price Impact
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