Patspin India Ltd — Updates, 31-05-2025: Company Update

Patspin India Limited has announced a board meeting on which the audited standalone financial results for the quarter and half-year ended March 31, 2025, were approved. The detailed results are available on the company’s website and stock exchange portal. Separately, multiple banks including Federal Bank, UCO Bank, State Bank of India, HDFC Bank, Canara Bank, and Canara Bank have issued notices regarding non-repayment of loans by various borrowers, leading to possession notices on mortgaged immovable properties. These actions highlight ongoing recoveries on stressed assets, which are critical for lenders and may impact the broader credit environment.