Ansal API: Ansal Properties & Infrastructure Limited Announces of Defaults on Payment of Interest/ Repayment of Principal Amount on Loans from Banks / Financial Institutions

Ansal Properties & Infrastructure Limited announced that in respect of default on loans, including revolving facilities like cash credit from Banks/Financial Institution where default continues beyond 30 days as on the last date of the quarter ended on the 30th September, 2022. Total amount outstanding (Principal) as on date is INR 2,853.3 Million. Of the total amount outstanding, amount of default (Principal) as on date is INR 2,537.1 Million.