Simplex Castings Ltd — Updates, 31-05-2025: Company Update

Simplex Castings Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. Separately, various possession notices have been issued by financial institutions such as Indian Overseas Bank and TATA Capital Housing Finance Limited due to defaults on loan repayments, involving properties in Maharashtra. The National Company Law Tribunal has initiated insolvency resolution proceedings against Mr. Nezee Basheeruddin. Additionally, Brihanmumbai Municipal Corporation has invited expressions of interest for hiring contract workers to evict unauthorized hawkers. Several public notices also address lost property documents and title investigations related to leased land in Navi Mumbai.