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Future Market Networks LimitedOthers, 02-06-2025: Copy of Newspaper Publication

02-06-2025 | 01:24 pm

Future Market Networks Limited has announced a postal ballot with remote e-voting for shareholder participation in key decisions. Separately, two secured properties owned by Mr. Vikas Shankar Joshi in Thane were taken over by State Bank of India due to unpaid dues totaling around ₹1.25 crore. Indian Bank plans an e-auction of Krishna Structural Steel India Limited's mortgaged assets, with a reserve price of ₹5.62 crore to recover dues of ₹3.13 crore. A flat in Bandra under Mogaveera Co-operative Bank’s possession may see asset disposal if claims remain unaddressed. Legal scrutiny is ongoing over Mumbai properties linked to Najma Sajjad Kanji, with a period set for objections. Share acquisition rights in a Malabar Hill cooperative housing society flat have been notified with a 14-day objection window. Barclays Investments & Loans (India) reported revenue of ₹1,056 million for the quarter and ₹3,716 million for the year, with net profit of ₹2.91 million quarterly and ₹70.49 million yearly. The debt-equity ratio rose to 3.52, with capital adequacy at 23.72%. Margofinance India Limited posted a challenging loss before tax of ₹3,177 million for the quarter, reflecting ongoing financial difficulties.

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