Olympic Cards Ltd — Others, 23-08-2025: Others
23-08-2025 | 10:28 pm
23-08-2025 | 10:28 pm
Olympic Cards Limited has announced a default on a term loan with HDFC Bank Ltd. The total default amount is Rs. 0.1517 Cr, comprising Rs. 0.1151 Cr in principal and Rs. 0.0366 Cr in interest. The original term loan for Rs. 15.5 Cr is secured, and the outstanding balance with HDFC Bank is Rs. 4.22 Cr. The company's total outstanding borrowings from banks and financial institutions are Rs. 12.48 Cr. Its total financial indebtedness stands at Rs. 25.71 Cr as of June 30, 2025, providing context on the company's financial obligations.
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