Ansal Housing Limited Discloses Default on Project Funding
Ansal Housing Limited disclosed a default on project funding obligations on March 30, 2026, according to a filing. The default, reported on February 28, 2026, involves a principal amount of Rs. 55.62 crore and no interest.Suraksha Asset Reconstruction Private Limited, acting as Trustee of Suraksha ARC-034 Trust, is the lender involved in the default. The total outstanding obligation amounts to Rs. 169.00 crore, with a tenure extending until December 31, 2026, and an interest rate of 14% per annum. The obligation is secured.
As of March 30, 2026, Ansal Housing Limited’s total borrowings from banks and financial institutions stand at Rs. 207.33 crore, while its total financial indebtedness, encompassing both short-term and long-term debt, amounts to Rs. 231.87 crore.
| S.No | Type of disclosure | Details |
|---|---|---|
| 1 | Name of the Listed entity | Ansal Housing Limited |
| 2 | Date of making the disclosure | 30 th March, 2026 |
| 3 | Nature of obligation | Project Funding |
| 4 | Name of the Lender(s) | Suraksha Asset Reconstruction Private Limited (Acting in its capacity as Trustee of Suraksha ARC-034 Trust) |
| 5 | Date of default | 28 th February, 2026 |
| 6 | Current default amount ( break-up of principal and interest in INR crore) | Principal - Rs. 55.62 Crores Interest - Nil |
| 7 | Details of the obligation (total principal amount in INR crore, tenure, interest rate, secured / unsecured etc.) | Project Funding: Rs. 169.00 Crore Tenure: Repayment will be made in monthly instalments till 31 st December, 2026. Rate of Interest: 14% p.a. Secured/ Unsecured: Secured |
| 8 | Total amount of outstanding borrowings from Banks / financial institutions(in INR crore) | Rs. 207.33 Crore |
| 9 | Total financial indebtedness of the listed entity including short-term and long-term debt (in INR crore) | Rs. 231.87 Crore |
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