The disclosure provides the following details regarding the demand notice:
Nature of the Event: Receipt of demand notice for loan repayment
Creditor Details:
- Name of Creditor: Unbounded Opportunities Fund SPC
- Nature of Creditor: Inter Corporate loan provider
Notice Details:
- Date of Receipt: 15/09/2026 at 9:06 a.m. (received by email)
- Loan Amount Outstanding: Principal amount of ₹15,84,11,000 (₹15.84 crore) and estimated interest of ₹27.93 lakh from 1st October 2026 to 31st December 2026
Demand Details:
- The creditor has demanded repayment of the entire outstanding amount of ₹15,84,11,000 along with interest up to the due date
- The notice states that in case of failure to repay, the creditor shall proceed with appropriate legal action
- Reason for Demand: The principal amount and interest is due for payment on 31st December 2026
Company Response and Impact:
- The company is currently evaluating the notice
- The company will discuss with the creditor for amicable resolution or time extension
Regulatory Reference: This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015