With reference to the letter No.OCL/BSE/2019-20/129, dated 08.11.2019 informing the exchange about the default in EMI Payment of Rs 0.2001 Crores on 07.11.2019 in respect of the Term Loan, Olympic Cards has informed that the above said Term Loan EMI amount of Rs 0.2001 Crores (Principal - Rs 0.1203 Crores and Interest - Rs 0.0798 Crores) (Total Rs 20,01,566) has been paid on 13.11.2019 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.
