SEBI prescribed disclosure of default in repayment to Stock Exchange

All Listed Entities are required to disclose to the Stock Exchange:
• the default made by them in payment of interest or repayment of loan instalment within 24 hours from the 30th day of such default
• the total amount outstanding at the end of each quarter, if default continued beyond 30 days, within 7 days from the end of each quarter in the prescribed format

Effective Date: January 01, 2020

Source: https://www.sebi.gov.in/legal/circulars/nov-2019/disclosures-by-listed-entities-of-defaults-on-payment-of-interest-repayment-of-principal-amount-on-loans-from-banks-financial-institutions-and-unlisted-debt-securities_45036.html