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 (s): HDFC Bank Ltd. Date of default: August 8, 2023.

Current default amount: Principal - INR 1.62 million. Interest -INR 0.741 million. Total amount of outstanding borrowings from Banks /financial institutions: INR 216.2 million.

Total financial indebtedness of the listed entity including short- term and long-term debt: INR 352.1 million.