Key Development
The company has successfully repaid the entire outstanding fund-based borrowings availed from Banks and Financial Institutions. The repayment was made in accordance with previously agreed settlement terms, resulting in the full discharge of all payment obligations related to these facilities.
Financial Status Update
As a direct consequence of this repayment, Gayatri Projects Limited has achieved debt-free status in respect of all fund-based borrowings from Banks and Financial Institutions. This status is effective as of the disclosure date (October 26, 2026).
Management Commentary
The company describes this achievement as "a significant milestone" in its efforts to resolve outstanding financial obligations. The repayment is expected to strengthen the company's financial position and reduce its debt-servicing burden. This development will enable management to focus more attention on business operations, project execution, and future growth opportunities.