Ansal Housing Defaults on Rs 39.50 Crore Principal Payment to Suraksha ARC

1 min read     Updated on 31 Oct 2025, 03:33 PM
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Overview

Ansal Housing Limited has disclosed a default on Rs 39.50 crore principal payment to Suraksha Asset Reconstruction Private Limited, which was due on November 30, 2025. The default relates to a secured project funding facility worth Rs 169 crore with 14% annual interest rate. The company's total outstanding borrowings stand at Rs 214.81 crore with total financial indebtedness of Rs 239.62 crore, highlighting significant debt burden challenges.

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Ansal Housing & Construction has disclosed a default on its financial obligations to Suraksha Asset Reconstruction Private Limited. The company failed to make a principal repayment of Rs 39.50 crores, which was due on November 30, 2025.

Default Details

The default relates to a project funding facility with specific terms and conditions:

Parameter: Details
Total Facility Amount: Rs 169.00 crore
Due Date: November 30, 2025
Interest Rate: 14% per annum
Security Status: Secured
Repayment Schedule: Monthly installments till December 31, 2026

Updated Financial Position

The company's latest disclosure reveals updated financial metrics that highlight its debt burden:

Financial Metric: Amount (Rs Crores)
Current Default Amount (Principal): 39.50
Current Default Amount (Interest): Nil
Outstanding Borrowings from Banks/Financial Institutions: 214.81
Total Financial Indebtedness: 239.62

Regulatory Compliance

Ansal Housing Limited made this disclosure in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure was filed on December 31, 2025, through the company's Compliance Officer, Shalini Talwar.

Financial Implications

The default represents a significant portion of the total project funding facility and raises concerns about the company's ability to service its debt obligations. With total financial indebtedness of Rs 239.62 crores, the company faces substantial financial challenges that may impact its operations and future borrowing capacity.

The secured nature of the defaulted loan means that Suraksha Asset Reconstruction Private Limited, acting as Trustee of Suraksha ARC-034 Trust, has recourse to underlying assets. This default may trigger additional scrutiny from other lenders and potentially affect the company's credit rating and access to future financing.

Historical Stock Returns for Ansal Housing & Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-3.80%-2.93%+1.26%-15.84%-42.40%+29.82%
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Ansal Housing & Construction's Company Secretary Resigns, Effective September 15, 2025

1 min read     Updated on 15 Sept 2025, 05:25 PM
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Reviewed by
Riya DScanX News Team
Overview

Ansal Housing & Construction announced the resignation of its Company Secretary, Mr. Sandeep Singh Chauhan, citing personal reasons. The resignation is effective from September 15, 2025. The company is actively seeking a replacement and has appointed Ms. Shalini Talwar as interim Compliance Officer. The resignation details were filed with BSE under SEBI regulations, including the required annexures.

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*this image is generated using AI for illustrative purposes only.

Ansal Housing & Construction , a prominent real estate company, has announced a significant change in its key management personnel. The company's Company Secretary, Mr. Sandeep Singh Chauhan, has tendered his resignation, citing personal reasons.

Resignation Details

According to the official intimation filed by Ansal Housing & Construction with the BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

  • Mr. Sandeep Singh Chauhan (M.No. A64484) has resigned from his position as Company Secretary.
  • The resignation will be effective from the close of business hours on Monday, September 15, 2025.
  • The reason for the resignation has been stated as personal.

Company's Response

Ansal Housing & Construction has acknowledged the resignation and is taking proactive steps to ensure a smooth transition:

  • The company is currently in the process of identifying and hiring a suitable candidate to fill the vacant position.
  • They have committed to informing the Stock Exchange once a replacement is found and the vacancy is filled.

Regulatory Compliance

In adherence to regulatory requirements:

  • The company has provided the resignation letter along with the reason as Annexure 1 in their filing.
  • Details required under Regulation 30 of the SEBI (LODR) Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, have been furnished as Annexure 2.

Interim Arrangement

While the search for a new Company Secretary is underway, Ansal Housing & Construction has appointed Ms. Shalini Talwar as the Compliance Officer to ensure continuity in regulatory compliance matters.

The departure of a key executive such as the Company Secretary can have implications for a company's regulatory compliance and corporate governance processes. Stakeholders and investors of Ansal Housing & Construction will likely be watching closely as the company works to fill this important position.

Historical Stock Returns for Ansal Housing & Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-3.80%-2.93%+1.26%-15.84%-42.40%+29.82%
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