South India Paper Mills Ltd — Updates, 03-06-2025: Company Update

The South India Paper Mills Limited has initiated a postal ballot through remote e-voting seeking shareholder approval for the appointment of three independent directors for five years. The company has also issued multiple public notices relating to succession certificates, name changes, and death certificate petitions, reflecting ongoing legal and compliance matters. Separately, lenders such as Dhani Loans, Nido Home Finance, and Nivara Home Finance have issued demand and possession notices under the SARFAESI Act against borrowers for defaulted loans secured by mortgaged properties, signaling ongoing credit recovery actions. These developments highlight regulatory compliance, governance updates, and asset recovery efforts relevant to shareholders and stakeholders.