SMVD Poly Pack Limited — Important, 18-06-2025: Updates
18-06-2025 | 05:15 pm
18-06-2025 | 05:15 pm
SMVD Poly Pack Ltd has announced a delay in repayment of an EMI on its Axis Bank ECLGS loan, with a default amount of Rs. 7.08 lakh. The total principal of the loan is Rs. 2.55 Cr at 8.9% interest, with an outstanding loan balance of Rs. 1.91 Cr. Overall financial debt stands at Rs. 17.86 Cr. The delay is attributed to non-receipt of an insurance claim, and the company is taking steps to clear the dues promptly.
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