Aravali Securities & Finance Ltd — Updates, 24-05-2025: Company Update
Aravali Securities & Finance Limited has announced a board meeting to consider the financial results for the quarter and half-year. Save Financial Services Pvt Ltd., under liquidation, is conducting an e-auction for sale of IT products stock on an "as is where is" basis, with the liquidation period ending soon. Indian Bank and Tata Capital Limited have taken possession of several properties due to loan defaults and initiated sale processes for recovery. Vastu Housing Finance Corporation Limited plans to sell immovable properties via private treaty after unsuccessful auctions, aiming to recover dues. Tarangini Investments Limited reported a net loss after tax of Rs.126.07 lakh for the year, with revenue of Rs.40.15 lakh. Goyal Aluminiums Limited showed a net profit of Rs.210.69 lakh for the year. Several auction and possession notices highlight ongoing recovery actions by banks and financial institutions on secured assets.
