Olympic Cards Limited announced defaults on payment of interest/repayment of principal amount on loans from banks. Nature of obligation: Term Loan; Name of the Lender: ICICI Bank; Date of default September 27, 2024; Current default amount: Principal: INR 0.145 million; Interest: INR 0.027 million; Total INR: 271,964; Details of the obligation: INR 104 million /108 months/10.75% /secured; Total amount of outstanding borrowings from Banks /financial institution: INR 142.5 million; Total financial indebtedness of the listed entity including short-term and long-term debt: INR 336.3 million (as on March 31, 2023).