RTS Power Corporation Ltd — Updates, 31-05-2025: Company Update

Bank of Baroda has issued demand notices to borrowers Mr. Govind Prasad Singh and Mrs. Subhadra Singh for defaults on home loan and top-up loan facilities totaling Rs. 42.47 lakh and Rs. 29.99 lakh respectively, with interest rates between 8.55% and 12%. The bank notified the borrowers to repay within 60 days or face enforcement of security interest. Similarly, West Bengal Gramin Bank, as a secured creditor, has taken possession of mortgaged properties due to non-payment by borrower Tapan Majumdar against a claim of Rs. 2.22 lakh plus interest and charges. These developments indicate ongoing recovery actions impacting affected borrowers and their secured assets.