SMVD Poly Pack Limited — Important, 26-04-2025: Updates

SMVD Poly Pack Limited has disclosed a delay in the payment of its Term Loan EMI, impacting its financial obligations. The current default amounts to ₹15.90 lakhs, with a total principal amount of ₹7.16 crores, secured under a loan with a tenure of 45 months and an interest rate of 10.47%. The company has a total financial indebtedness of ₹17.87 crores. The default is attributed to the non-receipt of an insurance claim, and management is actively working to resolve this issue. Investors should follow this situation closely, as it may affect the company's liquidity and financial stability.