NewsStocksInterworld Digital Limited Reports Loan Defaults of ₹0.06 Crores in Q3 FY26 DisclosureInterworld Digital Limited Reports Loan Defaults of ₹0.06 Crores in Q3 FY26 Disclosure
Interworld Digital Limited disclosed loan defaults of ₹0.06 crores for Q3 FY26, with total financial indebtedness of ₹1.61 crores as of December 31, 2025. The primary default involves a vehicle loan from Kotak Mahindra Prime Limited, with the vehicle currently possessed by former Managing Director Man Mohan Gupta, who allegedly transferred company assets to other entities.
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Interworld Digital Limited has submitted its quarterly disclosure to the Bombay Stock Exchange regarding defaults on loan payments for the quarter ending December 31, 2025. The disclosure, made pursuant to SEBI Circular No. SEBI/HO/CFD/CMDI/CIR/P/2019/140, reveals significant financial challenges facing the company.
Financial Indebtedness Overview
The company's financial position as of December 31, 2025, shows total financial indebtedness of ₹1.61 crores. The disclosure provides a detailed breakdown of outstanding amounts and defaults across different categories of financial obligations.
| Category | Outstanding Amount (₹ Crores) | Default Amount (₹ Crores) |
|---|---|---|
| Loans/Revolving Facilities | 0.06 | 0.06 |
| Unlisted Debt Securities | N.A | N.A |
| Total Financial Indebtedness | 1.61 | 0.06 |
Loan Portfolio Breakdown
The company's loan portfolio consists primarily of secured and unsecured borrowings. The detailed composition reveals the nature and extent of the company's financial obligations.
| Loan Type | Amount (₹ Crores) |
|---|---|
| Kotak Mahindra Bank Vehicle Loan | 0.01 |
| Other Short & Long Term Unsecured Loans | 1.55 |
| Interest and Other Charges Due | 0.05 |
| Total Outstanding Amount | 1.61 |
Default Details and Circumstances
The primary default relates to a vehicle loan obtained from Kotak Mahindra Prime Limited, carrying an interest rate of 9.79%. The loan was secured against a vehicle that is currently in the possession of Man Mohan Gupta, identified as the company's past Managing Director.
According to the disclosure, Man Mohan Gupta allegedly transferred the company's business operations and intellectual property to other entities. The company management has made multiple requests for either the return of the vehicle or settlement of the outstanding debt, but these efforts have been unsuccessful.
Regulatory Compliance
The disclosure was signed by Director Peeyush Kumar Aggarwal (DIN: 00090423) on January 3, 2026, ensuring compliance with SEBI's mandatory reporting requirements for listed entities. The submission covers defaults continuing beyond 30 days as required under the regulatory framework.
Company Background
Interworld Digital Limited, incorporated in 1995 with CIN L72900DL1995PLC067808, operates from its registered office in New Delhi. The company trades on the Bombay Stock Exchange under scrip code 532072 (INTERDIGI) and maintains ISO 9001:2000 certification.
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