ALPHA TRIBE

Asian Warehousing LtdOthers, 02-08-2025: Others

02-08-2025 | 12:11 pm

Asian Warehousing Limited has disclosed a delay in payments of interest and principal amounts on its loans from Punjab National Bank. The total overdue amount is 0.42 Cr, covering principal and interest on two term loans and an overdraft facility. The company's total outstanding borrowings from banks and financial institutions stand at 3.07 Cr. This delay signals a potential liquidity challenge for the company. Management has stated it is in the process of clearing these overdue amounts, a crucial step for maintaining financial stability and stakeholder confidence.

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