SMVD Poly Pack Limited — Important, 03-04-2025: Updates

SMVD Poly Pack Ltd. reported a delay in the payment of a term loan principal installment due to technical issues at the bank, with a default amount of ₹15.91 lakh and total outstanding borrowing of ₹1.43 crore. The total financial indebtedness stands at ₹17.82 crore, including both short-term and long-term debt. Despite having funds deposited against claim money, they were not applied to cover the dues. The company plans to provide updates on this matter in due course.

In another disclosure, SMVD Poly Pack confirmed that as of the quarter ending on March 31, 2025, there are no defaults on their loans or revolving credit facilities, with a total outstanding amount of ₹17.82 crore. This positive trend may reflect on the company's overall financial management and stability, allowing investors to monitor its financial health closely moving forward.