Gayatri Highways Limited announced details of the defaults made by Listed entity in Non-Payment of Interest or Principle amount in full on the date when debt has become due and payable as on 30 April, 2024: Nature of default: Default of Interest on Loan. Estimated impact on the listed entity: Increase the liability of the Company. Estimated amount involved INR 4.7 million.

the Principal amount which was due as on date is INR 382.3 million (which was already disclosed by the Company on 14 July, 2023) and there is a monthly interest of INR 4.7 million (Approx) will be accumulated on the said principal amount upto the completion of payment of Principal and Interest due by the company. Upon full payment of interest and principal, the company would intimate the same to the respective stock exchanges.