Ansal Housing Limited Discloses Rs 55.62 Crore Default on Principal Repayment
Ansal Housing Limited disclosed a Rs 55.62 crore principal payment default to Suraksha Asset Reconstruction Private Limited as of February 28, 2026. The default relates to project funding under a secured loan with 14% annual interest rate, originally worth Rs 169.00 crore. The company's total outstanding borrowings stand at Rs 207.33 crore, with overall financial indebtedness of Rs 231.87 crore.
*this image is generated using AI for illustrative purposes only.
Ansal Housing Limited has reported a significant payment default on its loan obligations, disclosing a principal amount default of Rs 55.62 crore as of February 28, 2026. The company made this disclosure in compliance with SEBI Master Circular requirements regarding defaults on payment of interest and repayment of principal amounts on loans from banks and financial institutions.
Default Details and Lender Information
The payment default involves Ansal Housing Limited and Suraksha Asset Reconstruction Private Limited, acting in its capacity as Trustee of Suraksha ARC-034 Trust. The default specifically relates to project funding obligations that were due for repayment.
| Parameter: | Details |
|---|---|
| Default Date: | February 28, 2026 |
| Lender: | Suraksha Asset Reconstruction Private Limited |
| Nature of Obligation: | Project Funding |
| Default Amount (Principal): | Rs 55.62 crore |
| Interest Default: | Nil |
Loan Structure and Terms
The defaulted obligation forms part of a larger project funding arrangement with specific terms and conditions. The original loan structure demonstrates the company's significant financial commitments in its real estate operations.
| Loan Details: | Specifications |
|---|---|
| Total Project Funding: | Rs 169.00 crore |
| Interest Rate: | 14% per annum |
| Security Status: | Secured |
| Repayment Schedule: | Monthly installments |
| Final Repayment Date: | December 31, 2026 |
Overall Financial Position
The disclosure reveals the company's broader financial indebtedness across various sources. Ansal Housing Limited's total outstanding borrowings from banks and financial institutions amount to Rs 207.33 crore. The company's comprehensive financial indebtedness, including both short-term and long-term debt obligations, reaches Rs 231.87 crore.
Regulatory Compliance
The company filed this disclosure on March 30, 2026, in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was signed by Shalini Talwar, serving as the Compliance Officer for Ansal Housing Limited. This regulatory filing ensures transparency regarding the company's financial obligations and payment defaults exceeding 30 days.
Historical Stock Returns for Ansal Housing & Construction
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.53% | -1.22% | -15.16% | -32.18% | -40.73% | +18.86% |
Will Ansal Housing Limited be able to restructure its remaining Rs 207.33 crore debt obligations before the December 2026 final repayment deadline?
How might this default impact Ansal Housing's ability to secure new project financing for its ongoing real estate developments?
Could this payment default trigger cross-default clauses in the company's other loan agreements with different lenders?
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