ALPHA TRIBE

Dwarikesh Sugar Industries LimitedOthers, 23-05-2025: Copy of Newspaper Publication

23-05-2025 | 12:35 pm

Punjab & Sind Bank has announced a sale of immovable property secured against a defaulted loan totaling Rs. 2.06 Cr. The commercial property in Meerut, UP, valued at Rs. 5.05 Cr, will be auctioned via e-auction. The bank had taken possession earlier after failed recovery attempts. This sale reflects the bank’s effort to recover dues through asset-backed enforcement, indicating active management of stressed assets and potential impact on asset quality.

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