Kewal Kiran Clothing Limited — Updates, 13-05-2025: Press Release

Kewal Kiran Clothing Limited has announced a board meeting to declare a 20% interim dividend (Rs. 2 per share) for FY 2024-25. Saraswat Co-operative Bank is actively pursuing recovery on multiple non-performing assets with secured mortgages under auction. UCO Bank and others have scheduled e-auctions of attached properties due to borrower defaults, signaling increased stress in loan recoveries across these lenders. Investors should watch for potential impacts on asset quality and recovery trends in the banking sector.