With reference to Company’s letter NO.OCL/BSE/2018-19/086, dated 13.11.2018 informing about the default in EMI payment of Rs 0.15 crore on 12.11.2018 in respect of the Term Loan, Olympic Cards has now informed that the above said Term Loan EMI amount of Rs 0.1564 crore (principal Rs 0.1082 crore and Interest Rs 0.0482 crore) (Total Rs 15,64,313) has been paid on 19.11.2018 to the Loan Lender ICICI 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.
