Ansal Housing Limited Details Project Funding Default and Financial Obligations

Ansal Housing Limited Details Project Funding Default and Financial Obligations
<h1>Ansal Housing Limited Details Project Funding Default and Financial Obligations</h1>

On July 30, 2026, details regarding the defaults on interest and principal repayment for loans received from financial institutions by Ansal Housing Limited were presented. The company outlined its current debt obligations concerning project funding with a specific lender.

The default pertains to project funding obligations held by Suraksha Asset Reconstruction Private Limited, acting in its capacity as Trustee of Suraksha ARC-034 Trust. The default occurred on June 30, 2026.

Regarding this specific obligation, the current default amount stands at Rs. 78.26 Crores for principal, with no outstanding interest reported.

The full details of the project funding obligation are as follows:

Obligation DetailDetails
Lender NameSuraksha Asset Reconstruction Private Limited (Trustee of Suraksha ARC-034 Trust)
Date of DefaultJune 30, 2026
Nature of ObligationProject Funding
Total Principal AmountRs. 169.00 Crore
Tenure DetailsRepayment in monthly installments until December 31, 2026
Rate of Interest14% p.a.
Security StatusSecured

The company also provided updates on its overall financial standing and total borrowings from financial institutions. The total outstanding borrowing from Banks/Financial Institutions amounts to Rs. 200.13 Crore. Furthermore, the total financial indebtedness of the listed entity, encompassing both short-term and long-term debt, was reported at Rs. 222.67 Crore.

Stock Price Movement​

As of 11:06, Ansal Housing shares are ticking up at ₹5.85, registering a healthy jump of 0.52% this morning. The stock has experienced intraday volatility, trading as high as ₹6.03 but managing to maintain a level above the low of ₹5.82.
 

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