SMVD Poly Pack Limited — Important, 04-01-2025: Defaults on Payment of Interest/Principal

SMVD Poly Pack Limited has updated that it has fully settled its ECLGS loan principal and interest with Axis Bank, amounting to ₹7.08 lakh, on November 16, 2024. The company assures that there was sufficient balance to meet the payment obligations, and the transaction was subject to internal bank adjustments, thus not reflecting any delays or penalties. This payment signals financial stability, which could enhance investor confidence by showcasing effective debt management, presenting a positive outlook on the company's financial health and operations.