Ansal Housing Limited Discloses Default on Project Funding Loan of Rs 61.82 Crore
Published on: May 1, 2026, 7:17 p.m. | Source: scanx.trade
Ansal Housing Limited has disclosed a default on the repayment of principal amount amounting to Rs 61.82 crore to Suraksha Asset Reconstruction Private Limited, acting as trustee of Suraksha ARC-034 Trust. The default occurred on March 31, 2026, and relates to project funding with a total principal obligation of Rs 169 crore at 14% per annum interest rate. The company's total financial indebtedness stands at Rs 230.93 crore, with total outstanding borrowings from banks and financial institutions at Rs 206.43 crore.
