board approved issuance of ₹300 crores worth NCDs on January 16, 2026, comprising 3,000 debentures of ₹10 lakhs each on private placement basis. The securities offer 12.5% annual coupon with monthly payments and 2-year tenure, secured by pari passu first charge on Hyatt Regency hotel property at Bhikaji Cama Place, New Delhi. The company disclosed existing defaults of ₹770.12 crores on bank loans as of December 31, 2025. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.