Ansal Housing Limited announced disclosure for defaults on payment of secured term loan. Daye of default: 15 July,2023. Name of the lender is IFCI Limited.

Current default amount (break-up of Principal principal and interest)- INR 555.9 Million, Interest - INR 839 Million Details of the obligation: Term Loan: INR 1,000 Million, Tenure: September, 2014- December,2025, Rate of Interest: 14% p.a. Secured/Unsecured: Secured. Total amount of outstanding borrowings: INR 3958.1 Million Total financial indebtedness of the listed entity including short-term and long-term debt: INR 4963.6 Million.