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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3.36 INR | 0.00% | +3.38% | -16.00% |
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