Hindusthan Urban Infrastructure Ltd — Updates, 19-06-2025: Company Update

Hindusthan Urban Infrastructure Limited has announced a board meeting to consider approval of the financial results for the quarter and half-year. The company has initiated a postal ballot process for members’ approval of certain resolutions, with remote e-voting enabled and results to be declared after the voting period. Separately, multiple public notices from various banks report enforcement actions under the SARFAESI Act against defaulting borrowers involving recovery of dues through auction of secured assets. SPG Global Distribution Pvt Ltd is going through liquidation with an e-auction scheduled for sale of its assets on a “as-is-where-is” basis. G.K. Consultants Limited will hold its 37th Annual General Meeting via video conference, offering remote e-voting to shareholders. Mahindra Lifespace Developers Limited has completed allotment and credit of shares in its rights issue, which was oversubscribed at 142%, with trading expected to commence soon.