Quest Capital Markets Ltd — Updates, 16-05-2025: Company Update

Quest Capital Markets Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. Several possession notices have been issued by banks including IndusInd Bank, Axis Bank, and Indian Bank, indicating seizure of various immovable properties due to borrowers’ defaults on loan repayments ranging from approximately Rs. 10 lakh to over Rs. 1 crore. These actions highlight ongoing recovery efforts addressing non-performing assets. Shareholders should note the potential impact of these recoveries on the company’s credit exposure and asset quality.