ALPHA TRIBE

Beta Drugs LimitedOthers, 07-02-2025: Copy of Newspaper Publication

07-02-2025 | 11:14 am

Protium Finance Limited is taking necessary steps after classifying a borrower's credit facility as a Non-Performing Asset (NPA). They have issued demand notices to the borrower SS Engineers, demanding ₹27.97 lakh (cr) within 60 days. Failure to comply may lead to actions against the secured assets through sale proceedings. This move reflects proactive measures by the company to manage its asset quality and mitigate potential losses, which may positively influence investor confidence in Protium Finance's risk management strategy. The focus remains on restoring the borrower’s compliance with loan terms.

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