With reference to the letter NO.OCL/BSE/2018-19/084, dated 10.11.2018 informing about the default in EMI payment of Rs 0.21 cr on 09.11 2018 in respect of the Term Loan, Olympic Cards has informed now that the above said Term Loan EMI amount of Rs.0.2115 crore (Principal Rs.0.0965 crore and Interest Rs 0.1150 crore) (Total Rs 21,16,000) has been paid on 13.11.2018 to the Loan Lender HDFC Bank and there is no default amount payable to the above Bank as on date.
The above information is a part of company’s filings submitted to BSE.
