SMVD Poly Pack Limited — Important, 18-06-2025: Defaults on Payment of Interest/Principal
18-06-2025 | 05:11 pm
18-06-2025 | 05:11 pm
SMVD Poly Pack Limited has announced a delay in paying the EMI of its ECLGS loan to Axis Bank, amounting to Rs. 7.08 lakh. The delay is attributed to the non-receipt of an insurance claim, and while the financial impact is currently unquantifiable, the company is taking necessary steps to clear the dues promptly. This update highlights a temporary liquidity challenge which could affect short-term operations, but management is actively addressing the issue to minimize disruptions for shareholders.
No comments yet. Be the first to comment!
