Olympic Cards Ltd — Others, 21-07-2025: Others

Olympic Cards Limited has disclosed a default on a term loan repayment to HDFC Bank. The current default amount is Rs. 0.1140 Cr in principal and Rs. 0.0377 Cr in interest. This specific loan, originally for Rs. 15.5 Cr at 11.05% interest, has an outstanding balance of Rs. 4.22 Cr with HDFC Bank. The company's total outstanding borrowings from banks and financial institutions are Rs. 12.55 Cr, with total financial indebtedness at Rs. 42.03 Cr. This default signals potential cash flow challenges for the company.