INDIABULLS: ALL ₹8,268 CR LOANS IN PIL FULLY REPAID & CLOSED

INDIABULLS: ALL ₹8,268 CR LOANS IN PIL FULLY REPAID & CLOSED

Indiabulls has fully repaid and closed 197 loan accounts, aggregating ₹8,267.86 Cr. The company collected ₹11,073.77 Cr, including over ₹2,800 Cr of interest and fees over the loan tenures. The Status Report says no financial loss was caused to the company in transactions involving DLF, Vatika, Chordia and Americorp. Reliance ADAG: All 7 loans aggregating ₹1,574 Cr have been fully repaid and closed; investigation regarding the group remains ongoing. The matter relates to a PIL against the promoter, and Supreme Court proceedings are ongoing. Impact: Positive — full repayment and closure of all 197 loan accounts addresses a key financial allegation, though legal proceedings remain an overhang.