Bal Pharma Limited — Others, 02-07-2025: Copy of Newspaper Publication

Bal Pharma Limited has published a Postal Ballot Notice informing shareholders about a voting process. Separately, multiple secured creditors, including Cholamandalam Investment and Finance Company Ltd. and Piramal Finance Ltd., have issued sale notices for various immovable properties linked to borrowers under security enforcement actions due to loan defaults. These properties are scheduled for e-auction to recover outstanding dues, highlighting ongoing asset recovery efforts by financial institutions. This reflects credit risk challenges related to the company’s lending counterparts or sector and could impact financial stability perceptions indirectly. Shareholders should note the ongoing recovery proceedings in the broader financial ecosystem.