ALPHA TRIBE

Hercules Hoists LimitedOthers, 07-06-2025: Copy of Newspaper Publication

07-06-2025 | 05:38 pm

Hercules Hoists Limited has informed equity shareholders about the transfer of certain unclaimed shares to the Investor Education and Protection Fund (IEPF) Account, publishing notices in major newspapers to ensure awareness. Additionally, the Central Bank of India has issued demand notices under the SARFAESI Act to borrowers with overdue secured loans exceeding Rs. 1 Cr and Rs. 2 Cr, requiring full repayment within 60 days or enforcement action will follow. These developments underscore the company’s compliance efforts and ongoing credit recovery challenges, which are important for shareholders to monitor.

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