Interworld Digital Limited announced defaults on payment of interest/repayment of principal amount on loans from banks /financial institutions for the quarter ending 30 June, 2023. Total amount outstanding as on date is INR 0.6 million. Total financial indebtedness of the listed entity including short-term and long-term debt is INR 11.1 million.

Nature of obligation: Loan against vehicle from Kotak Mahindra Bank. Interest Rate: Sanctioned Interest rate: For Loan against Vehicle: 9.79%. Secured debt.