Hindusthan National Glass & Industries Limited — Important, 08-08-2025: Defaults on Payment of Interest/Principal

Hindusthan National Glass & Industries has disclosed its financial default status. The company reported total outstanding loans and revolving facilities of 2894.09 Cr, with the entire amount in default. Unlisted debt securities totaling 118.62 Cr are also fully in default. The total financial indebtedness stands at 3012.71 Cr. These defaults are attributed to the company being under Corporate Insolvency Resolution Process (CIRP), where all lenders have filed their claims. Financial creditors have admitted claims amounting to 33,34.93 Cr, reflecting the company's significant financial distress.