SMVD Poly Pack Limited — Important, 03-05-2025: Defaults on Payment of Interest/Principal
03-05-2025 | 11:30 am
03-05-2025 | 11:30 am
SMVD Poly Pack Ltd has announced a delay in paying interest of Rs. 1,96,167 to Tata Capital Financial Services Ltd due to a pending insurance claim. The company typically pays interest by the 7th of each month and is working to resolve the issue. While the financial impact is currently unclear, this highlights short-term liquidity pressure related to insurance recoveries, which shareholders should monitor.
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