Shashijit Infraprojects Limited, a construction engineering company, recently disclosed a default on its term loan interest payment but swiftly addressed the issue, according to recent filings with the BSE Limited.

Default Details

The company reported a failure to make an interest payment of Rs. 67,260 on November 1, 2025. This default was related to the EMI (Equated Monthly Installment) of their term loans.

Swift Resolution

In a subsequent filing dated November 2, 2025, Shashijit Infraprojects informed that they had rectified the default. The company stated that it had repaid the interest amount on the same day as the default occurred.

Financial Impact

While the company acknowledged that the default might affect its credit score, it does not anticipate any material impact on its operations. The disclosure provided the following details:

Regulatory Compliance

The disclosures were made in compliance with SEBI (Securities and Exchange Board of India) regulations, specifically adhering to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also followed the guidelines set forth in SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Company's Statement

Ajit Jain, Chairman and Managing Director of Shashijit Infraprojects Limited, signed off on the disclosure, affirming that the company had taken corrective measures by repaying the interest amount promptly.

The swift action taken by Shashijit Infraprojects in addressing and disclosing the default demonstrates the company's commitment to financial transparency and regulatory compliance. While such incidents may potentially impact a company's credit standing, the prompt resolution suggests a proactive approach to financial management.

Shashijit Infraprojects Limited , a construction engineering company, has disclosed a default on the payment of an Equated Monthly Installment (EMI) for a term loan. The company made this disclosure in compliance with regulatory requirements, providing transparency to its investors and the market.

Default Details

Company's Statement

Shashijit Infraprojects has acknowledged that this default may impact its credit score. However, the company has expressed its intention to fulfill the obligation at the earliest. In its disclosure, the company stated that it does not anticipate any material impact on its operations due to this default.

Regulatory Compliance

The disclosure was made in accordance with the Securities and Exchange Board of India (SEBI) Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. This circular mandates listed entities to disclose defaults on payment of interest or repayment of principal amounts on loans from banks or financial institutions.

Investor Considerations

While the default amount of Rs 3.3 lakh may seem relatively small, it's important for investors to monitor such incidents closely. Defaults, even minor ones, can potentially indicate cash flow challenges or other financial pressures a company may be facing. However, it's equally important to consider the company's statement regarding its ability to fulfill the obligation and the expected lack of material impact on operations.

Investors are advised to keep an eye on future disclosures and financial reports from Shashijit Infraprojects to gain a more comprehensive understanding of the company's financial health and performance.