Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bharat Road Network has informed that with respect to one of its Lender IL&FS Financial Services, who had extended the Company a Term Loan facility of Rs 70 Crores, Interest and Principal amount payment by the Company has been delayed since 30th September, 2018 as one of the IL&FS Creditors has raised a dispute to the Company, requesting the Company to hold back IL&FS dues, since IL&FS has failed to repay its dues to this Creditor.
The above information is a part of company’s filings submitted to BSE.
