With reference to the letter No.OCL/BSE/2019-20/107, dated 08.10.2019 informing the exchange about the default in EMI Payment of Rs.0.2115 Crores on 07.10.2019 in respect of the Term Loan, Olympic Cards has informed now that the Term Loan EMI amount of Rs 0.2115 Crores (Principal - Rs 0.1237 Crores and Interest - Rs.0.0878 Crores) (Total Rs 21,15,913) has been paid on 16.10.2019 to the Loan Lender HDFC Bank and there is no default amount payable to the Bank as on date.
The above information is a part of company’s filings submitted to BSE.
