Sintex Industries has defaulted in payment of interest/repayment of principal amount on Non-Convertible Debentures (NCDs). The default in payment of principal amount is Rs 85.84 crore and the Interest Amount is Rs 3.03 crore. The gross principal amount on which the default above has occurred is Rs 112.50 crore.
Sintex Industries is one of the most integrated plastic processors in India and an established brand name in plastic industry.