Classic Electricals Ltd — Updates, 13-06-2025: Company Update

Classic Electricals Limited has announced a board meeting to consider the financial results for the quarter and half-year of FY 2024-25. The company has also detailed the dispatch of the Annual Report and Notice for the 40th Annual General Meeting, which includes provisions for remote e-voting and voting at the AGM. Separately, physical possession notices under SARFAESI Act have been issued by State Bank of India and South Indian Bank regarding recovery proceedings on properties mortgaged by borrowers with outstanding dues of approximately Rs. 72 lakh and Rs. 1.27 Cr respectively. E-auction dates and terms have been notified for sale of these assets.