SMIFS Capital Markets Ltd — Updates, 13-05-2025: Company Update

Nexome Capital Markets Limited has announced a board meeting on May 23, 2025, to approve the financial results for the quarter and half-year. Tenova Technologies Private Limited has filed a petition for reduction of share capital from Rs. 65.20 Cr to Rs. 30.80 Cr by cancelling 3.44 Cr equity shares and writing off Rs. 18.61 Cr from the capital reserve without payouts to shareholders. Multiple possession notices have been issued by banks including Yes Bank, Aditya Birla Housing Finance, ICICI Home Finance, and State Bank of India for defaulted loans, cautioning borrowers and the public against dealing with the mortgaged properties. Ultramine Pipetech Pvt Ltd is conducting an e-auction for selling financial assets as part of its liquidation process. Achievers Finance India Limited scheduled a gold auction for defaulted loan accounts. Eicher Motors Limited has reported loss of share certificates with duplicate issuance underway. RAI Investments Limited plans to convert to a private limited company, with objections invited. Several companies including Assam Carbon Products, Checons Limited, and Ascu Arch Timber Protection Limited have released audited financial results showing steady income and profitability.