Olympic Cards Ltd — Others, 18-07-2025: Others

Olympic Cards Ltd has disclosed a default on a mortgage loan from Religare Finvest Ltd. The current default amount is Rs 0.0746 Cr, consisting of Rs 0.0582 Cr in principal and Rs 0.0164 Cr in interest. The original mortgage loan was for Rs 5.05 Cr, with the outstanding amount for this specific loan now standing at Rs 1.36 Cr. The company's total outstanding borrowings from banks and financial institutions are Rs 12.55 Cr. This disclosure highlights a financial payment lapse, impacting shareholder monitoring of the company’s debt obligations.