Shilchar Technologies Ltd — Updates, 14-06-2025: Company Update

Shilchar Technologies Limited has announced the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) account, with related advertisements published in newspapers. HDFC Bank has issued possession notices for multiple borrowers due to defaults on loan repayments, indicating symbolic or physical possession of secured assets across various locations in Gujarat. Bank of India announced e-auction sales of mortgaged properties to recover outstanding dues, with details on reserve prices, property descriptions, and bidding procedures. These measures reflect ongoing recovery efforts on stressed assets, impacting stakeholder credit exposures and asset quality.