MT Educare Limited announced that the Company has defaulted in repayment of Principal and Interest Amount as mentioned below: For loans from banks and financial institutions, including ECBs: MT Educare ltd (INR In Crores), Lender, Principal, Interest, ACRE, 16.44, 3.75, Axis Bank Limited, 7.65, 4.51, Details of the obligation (tenure, coupon rate, secured/unsecured, etc.), Name of Lender, Amount Outstanding (INR in Crores), Tenure (in Years), Rate of Interest, Secured/unsecured, Axis Bank Ltd. - Term Loan, 7.16, 2, 11.65%, Secured, Axis Bank Ltd. - OD, 4.98, 2, 11.20%, Secured, Asset Care & Reconstruction Enterprise Limited, 20.19, 2, 13.75%, Secured, 8, Total amount of outstanding borrowings from, 323.3 million, banks/financial institutions, 9 Total Financial indebtedness of the listed entity including short-term and long-term debt (in INR million).
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5-day change | 1st Jan Change | ||
3.37 INR | -0.88% | -2.03% | -15.75% |
1st Jan change | Capi. | |
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-15.75% | 2.92M | |
+13.62% | 13.78B | |
+6.18% | 8.56B | |
-0.05% | 3.9B | |
+31.06% | 2.95B | |
+12.99% | 2.85B | |
+7.95% | 2.33B | |
-15.73% | 1.95B | |
+85.08% | 1.73B | |
-0.63% | 1.59B |
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- MT Educare Limited Announces Defaults on Payment of Interest/ Repayment of Principal Amount for Loans Including Revolving Facilities Like Cash Credit from Banks / Financial Institutions