GAYATRI PROJECTS LIMITED January 29, 2022
To | To |
The Secretary, Listing Department | The Manager, Listing Department |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers | Exchange Plaza, 5th Floor, Plot No. C/1, |
Dalal Street | G Block, Bandra-Kurla Complex, Bandra (E) |
Mumbai - 400 001 | Mumbai - 400 051 |
Maharashtra, India | Maharashtra, India |
Scrip Code: 532767 | Scrip Code: GAYAPROJ |
Dear Sir/Madam,
Sub: Disclosure of defaults on payment of interest/repayment of principal amount on loans from banks/financial institutions which continued beyond 30 days
With reference to the above captioned subject and as per SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019, please find the disclosure for the defaults on payment of interest/repayment of principal amount on loans from banks/financial institutions which is due beyond 30 days attached as Annexure A.
This is for your information and records.
Yours faithfully
Gayatri Projects Limited
Chetan Kumar Sharma
Digitally signed by Chetan Kumar Sharma Date: 2022.01.29 20:30:01 +05'30'
Chetan Kumar Sharma
Company Secretary &
Compliance Officer
Encl.: As Above
Regd. & Corp. Office: | ||
Gayatri Projects Limited, B1, 6-3-1090, TSR Towers | T +91 40 2331 0330/4284/4296 E cs@gayatri.co.in | |
Raj Bhavan Road, Somajiguda, Hyderabad 500 082 T.S | F +91 40 2339 8435 | www.gayatri.co.in |
CIN: L99999TG1989PLC057289 |
Annexure A | ||||||
For loans including revolving facilities like cash credit from banks/ financial institutions | ||||||
Sr. | Type of disclosure | Details | Details | Details | Details | Details |
No | ||||||
1 | Name of the Listed entity | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited |
2 | Date of making the | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 |
disclosure | ||||||
Working Capital - Cash Credit | Interchangeability from NFB to FB | Equipment Term Loan | Working Capital Term Loan | Baroda Covid Emergency Credit | ||
3 | Nature of obligation | Line | ||||
4 | Name of the Lender(s) | Bank of Baroda | Bank of Baroda | Bank of Baroda | Bank of Baroda | Bank of Baroda |
5 | Date of default | 30-12-21 & 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 |
Current default amount | Rs.6.89 cr | Rs.0.49 cr | Rs.1.34 cr | Rs.1.75 cr | Rs.0.13 cr | |
Principal - Rs.2.34 | Principal : Rs.1.09 Cr | Principal : Rs.1.29 Cr | Principal : Rs.----- | |||
6 | (break - up of principal and | Interest - Rs.0.49 cr | ||||
Interest - Rs.4.55 cr | Interest - Rs.0.25 cr | Interest - Rs.0.46 cr | Interest - Rs.0.13 cr | |||
interest in INR crore) | ||||||
Loan Sanctioned - Rs.297.00 | Loan Sanctioned - Rs.50.00 crores | Loan Sanctioned - Rs.61.68 crores | Loan Sanctioned - Rs.29.70 crores | |||
Loan Sanctioned - Rs.45.00 crores | Outstanding - Rs.37.78 crores | Outstanding - Rs.43.34 crores | Outstanding - Rs.20.51 crores | |||
Details of the obligation | crores | |||||
Outstanding - Rs.47.75 crores | Tenure - 48 Months | Tenure - 108 Months | Tenure - 24 Months | |||
(total principal amount in | Outstanding - Rs.414.11 crores | |||||
Tenure - On Demand | (2 Months Moratorium and 46 | (24 Months Moratorium and 84 | (6 Months Moratorium and 18 | |||
7 | INR crore, tenure, interest | Tenure - On Demand | ||||
Interest Rate - @11.00% | Monthly EMIs) | Structured Monthly Installments) | Monthly Installments) | |||
rate, secured / unsecured | Interest Rate - @11.00% | |||||
etc.) | Secured | Interest Rate - @9.40% | Interest Rate - @13% | Interest Rate - @7.65% | ||
Secured | ||||||
Secured | Secured | Secured | ||||
Total amount of outstanding | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | |
borrowings from Banks / | ||||||
8 | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | |
financial institutions in INR | ||||||
Crore) | ||||||
Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | ||
(Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | ||
Contractees of Rs.760.30 Cr, Inter | Contractees of Rs.760.30 Cr, Inter | Contractees of Rs.760.30 Cr, Inter | Contractees of Rs.760.30 Cr, Inter | Contractees of Rs.760.30 Cr, Inter | ||
Total financial indebtedness | Corporate Loans of Rs.16.85 Cr | Corporate Loans of Rs.16.85 Cr | Corporate Loans of Rs.16.85 Cr | Corporate Loans of Rs.16.85 Cr | Corporate Loans of Rs.16.85 Cr | |
and Unsecured Loans of Rs.39.40 | and Unsecured Loans of Rs.39.40 | and Unsecured Loans of Rs.39.40 | and Unsecured Loans of Rs.39.40 | and Unsecured Loans of Rs.39.40 | ||
of the listed entity including | ||||||
9 | Cr and borrowings from Banks / | Cr and borrowings from Banks / | Cr and borrowings from Banks / | Cr and borrowings from Banks / | Cr and borrowings from Banks / | |
short-term and long-term | ||||||
Financial Institutions Rs.2542.82 | Financial Institutions Rs.2542.82 | Financial Institutions Rs.2542.82 | Financial Institutions Rs.2542.82 | Financial Institutions Rs.2542.82 | ||
debt (in INR crore) | ||||||
Cr) | Cr) | Cr) | Cr) | Cr) | ||
Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | ||
Sr. | Type of disclosure | Details | Details | Details | Details | Details |
No | ||||||
1 | Name of the Listed entity | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited |
2 | Date of making the | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 |
disclosure | ||||||
Working Capital - Cash Credit - | Working Capital - Cash Credit - | |||||
198 Cr | Rs.50 Cr | Term Loan | Working Capital Term Loan | Funded Interest Term Loan | ||
3 | Nature of obligation | Interchangeability from NFB to | Interchangeability from NFB to | |||
FB : Rs.143.00 Cr | FB : Rs.25 Cr | |||||
4 | Name of the Lender(s) | Canara Bank | Indian Overseas Bank | Indian Overseas Bank | Indian Overseas Bank | Indian Overseas Bank |
5 | Date of default | 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 |
Current default amount | Rs.14.82 cr | Rs.1.09 cr | Rs.2.84 cr | Rs.0.44 cr | Rs.0.04 cr | |
Principal - Rs.7.00 cr | Principal - Rs.----- | Principal : Rs.2.08 Cr | Principal : Rs.0.33 Cr | Principal : Rs.----- | ||
6 | (break - up of principal and | |||||
Interest - Rs.7.82 cr | Interest - Rs.1.09 cr | Interest - Rs.0.76 cr | Interest - Rs.0.11 cr | Interest - Rs.0.04 cr | ||
interest in INR crore) | ||||||
Loan Sanctioned - Rs.100.00 | Loan Sanctioned - Rs.15.89 | Loan Sanctioned - Rs.25.12 | ||||
Loan Sanctioned - Rs.341.00 | Loan Sanctioned - Rs.75.00 | crores | crores | crores | ||
Outstanding - Rs.74.24 crores | Outstanding - Rs.10.68 crores | Outstanding - Rs.3.71 crores | ||||
crores | crores | |||||
Details of the obligation | Tenure - 108 Months | Tenure - 108 Months | Tenure - 81 Months | |||
Outstanding - Rs.637.58 crores | Outstanding - Rs.110.92 crores | |||||
(total principal amount in | ||||||
(24 Months Moratorium and 84 | (24 Months Moratorium and 84 | (24 Months Moratorium and 57 | ||||
7 | INR crore, tenure, interest | Tenure - On Demand | Tenure - On Demand | |||
Structured Monthly | Structured Monthly | Structured Monthly | ||||
rate, secured / unsecured | ||||||
Interest Rate - @11.00% | Interest Rate - @10.00% | |||||
etc.) | Installments) | Installments) | Installments) | |||
Secured | Secured | |||||
Interest Rate - @13% | Interest Rate - @13% | Interest Rate - @13% | ||||
Secured | Secured | Secured | ||||
Total amount of outstanding | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | |
borrowings from Banks / | ||||||
8 | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | |
financial institutions in INR | ||||||
Crore) | ||||||
Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | ||
(Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | ||
Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | ||
Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | ||
Total financial indebtedness | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | |
9 | of the listed entity including | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and |
short-term and long-term | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | |
debt (in INR crore) | ||||||
Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | ||
Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | ||
Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr |
Sr. | Type of disclosure | Details | Details | Details | Details | Details |
No | ||||||
1 | Name of the Listed entity | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | |
2 | Date of making the | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 | |
disclosure | |||||||
Working Capital - Cash Credit | Interchangeability from NFB to | Demand Loan | Term Loan | Working Capital Term Loan | |||
3 | Nature of obligation | FB | |||||
4 | Name of the Lender(s) | IDBI Bank Ltd | IDBI Bank Ltd | IDBI Bank Ltd | IDBI Bank Ltd | IDBI Bank Ltd | |
5 | Date of default | 29-12-2021 & 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 | 31-12-2021 | |
Current default amount | Rs.2.75 cr | Rs.0.52 cr | Rs.0.15 cr | Rs.1.71 cr | Rs.0.43 cr | ||
Principal | - Rs.1.15 cr | Principal : Rs.1.25 Cr | Principal : Rs.0.31 Cr | ||||
6 | (break - up of principal and | Interest - Rs.0.52 cr | Interest - Rs.0.15 cr | ||||
Interest - | Rs.1.60 cr | Interest - Rs.0.46 cr | Interest - Rs.0.12 cr | ||||
interest in INR crore) | |||||||
Loan Sanctioned - Rs.60.00 | Loan Sanctioned - Rs.15.09 | ||||||
Loan Sanctioned - Rs.158.00 | Loan Sanctioned - Rs.50.00 | Loan Sanctioned - Rs.12.00 | crores | crores | |||
crores | Outstanding - Rs.40.78 crores | Outstanding - Rs.10.23 crores | |||||
crores | crores | ||||||
Details of the obligation | Outstanding - Rs.12.86 crores | Tenure - 108 Months | Tenure - 108 Months | ||||
Outstanding - Rs.199.38 crores | Outstanding - Rs.53.65 crores | ||||||
(total principal amount in | |||||||
Tenure - Maximum of 120 days | (24 Months Moratorium and 84 | (24 Months Moratorium and 84 | |||||
7 | INR crore, tenure, interest | Tenure - On Demand | Tenure - On Demand | ||||
(Revolving Facility) | Structured Monthly | Structured Monthly | |||||
rate, secured / unsecured | |||||||
Interest Rate - @10.00% | Interest Rate - @12.00% | ||||||
etc.) | Interest Rate - @12.00% | Installments) | Installments) | ||||
Secured | Secured | ||||||
Secured | Interest Rate - @13% | Interest Rate - @13% | |||||
Secured | Secured | ||||||
Total amount of outstanding | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | ||
borrowings from Banks / | |||||||
8 | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | ||
financial institutions in INR | |||||||
Crore) | |||||||
Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | |||
(Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | |||
Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | |||
Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | |||
Total financial indebtedness | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | ||
9 | of the listed entity including | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | |
short-term and long-term | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | ||
debt (in INR crore) | |||||||
Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | |||
Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | |||
Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr |
Sr. | Type of disclosure | Details | Details | Details | Details | Details |
No | ||||||
1 | Name of the Listed entity | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited | M/s Gayatri Projects Limited |
2 | Date of making the | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 | 29-01-2022 |
disclosure | ||||||
ECB - RTL | Funded Interest Term Loan | Working Capital - Cash Credit | Covid 19 Emergency Credit | Term Loan | ||
3 | Nature of obligation | Facility | ||||
4 | Name of the Lender(s) | IDBI Bank Ltd | IDBI Bank Ltd | Punjab National Bank | Punjab National Bank | Punjab National Bank |
5 | Date of default | 31-12-2021 | 31-12-2021 | 30-12-2021 & 31-12-2021 | 31-12-2021 | 31-12-2021 |
Current default amount | Rs.0.03 cr | Rs.0.03 cr | Rs.20.83 cr | Rs.0.59 cr | Rs.3.11 cr | |
Principal : Rs.------ | Principal : Rs.------- | Principal - Rs.19.00 cr | Principal : Rs.0.52 Cr | Principal : Rs.2.08 Cr | ||
6 | (break - up of principal and | |||||
Interest - Rs.0.03 cr | Interest - Rs.0.03 cr | Interest - Rs.1.83 cr | Interest - Rs.0.07 cr | Interest - Rs.1.03 cr | ||
interest in INR crore) | ||||||
Loan Sanctioned - Rs.139.00 | Loan Sanctioned - Rs.18.11 | Loan Sanctioned - Rs.93.50 | Loan Sanctioned - Rs.9.35 | Loan Sanctioned - Rs.100.00 | ||
crores | crores | crores | crores | |||
crores | ||||||
Outstanding - Rs.2.45 crores | Outstanding - Rs.1.98 crores | Outstanding - Rs.209.83 crores | Outstanding - Rs.81.72 crores | |||
Outstanding - Rs.9.99 crores | ||||||
Details of the obligation | Tenure - 108 Months | Tenure - 81 Months | Tenure - On Demand | Tenure - 108 Months | ||
Tenure - 24 Months | ||||||
(total principal amount in | ||||||
(24 Months Moratorium and 84 | (24 Months Moratorium and 57 | Interest Rate - For 73 Cr - | (24 Months Moratorium and 84 | |||
7 | INR crore, tenure, interest | (6 Months Moratorium and 18 | ||||
Structured Monthly | Structured Monthly | 12.80% | Structured Monthly | |||
rate, secured / unsecured | ||||||
Monthly Installments) | ||||||
etc.) | Installments) | Installments) | For 20.50 Cr- | Installments) | ||
Interest Rate - @ 7.85% | ||||||
Interest Rate - @13% | Interest Rate - @13% | 14.45% | Interest Rate - @15% | |||
Secured | ||||||
Secured | Secured | Secured | Secured | |||
Total amount of outstanding | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | Fund Based :Rs.2542.82 Cr | |
borrowings from Banks / | ||||||
8 | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | |
financial institutions in INR | ||||||
Crore) | ||||||
Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | Fund Based : Rs.3359.37 Cr | ||
(Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | (Including Advances from | ||
Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | Contractees of Rs.760.30 Cr, | ||
Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | Inter Corporate Loans of | ||
Total financial indebtedness | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | Rs.16.85 Cr and Unsecured | |
9 | of the listed entity including | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and | Loans of Rs.39.40 Cr and |
short-term and long-term | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | borrowings from Banks / | |
debt (in INR crore) | ||||||
Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | ||
Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | Rs.2542.82 Cr) | ||
Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr | Non Fund Based : Rs.2939.24 Cr |
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Gayatri Projects Ltd. published this content on 29 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2022 16:30:14 UTC.
