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Vantage Knowledge Academy LtdUpdates, 02-06-2025: Company Update

02-06-2025 | 07:16 pm

Cholamandalam Investment and Finance Company Limited has announced a public e-auction for sale of mortgaged immovable properties to recover dues. The properties will be sold on an ‘as is where is’ basis via an online platform, with details and inspection dates shared on their website. Interested bidders must submit earnest money deposits by the specified deadline. This auction impacts secured creditors and has direct implications for the recovery of loans, making it relevant for investors monitoring the company’s asset quality and collections.

Vantage Knowledge Academy Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income from operations of Rs. 88.07 lakh for the quarter and Rs. 3,414.75 lakh for the year. Net profit after tax stood at Rs. 108.12 lakh for the quarter and Rs. 1,138.25 lakh for the year. Earnings per share were 0.66 for the quarter and 3.41 for the year (face value Rs.1 each). The company’s reserves increased to Rs. 3,414.75 lakh.

NCL Research & Financial Services Limited has announced the financial results for the quarter and year. Total income from operations was Rs. 139.33 lakh for the quarter and Rs. 868.18 lakh for the year. The company posted a net profit before tax of Rs. 11.74 lakh for the quarter and a net loss of Rs. 65.43 lakh for the year. Comprehensive income after tax was Rs. 19.42 lakh for the quarter and Rs. 378.43 lakh for the year. Earnings per share remained minimal with a loss per share of Rs. 0.013 for the year (face value Rs.1).

Several public notices have been issued regarding lost share certificates, release of rights in inherited properties, and transfer of membership in housing cooperatives. These notices call for claims or objections from interested parties within stipulated timeframes, failing which claims will not be entertained. Such disclosures protect the legal and ownership rights of stakeholders and facilitate orderly property and membership transfers.

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