Biopac India Corporation has informed that the Company has defaulted in payment of interest / installment obligations on loans, including revolving facilities like Term Loan-Floating from Kotak Mahindra Bank. The company has attached the Format (C1) as specified under the SEBI circular no. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019 for defaulted in payment of interest/ installment.
The above information is a part of company’s filings submitted to BSE.