Tracxn Technologies Limited — Others, 24-07-2025: Copy of Newspaper Publication
**Tracxn Technologies Limited:**
Tracxn Technologies has opened its share buyback offer. The company aims to repurchase 1,066,666 fully paid-up equity shares at INR 75 per share, totaling approximately **8 Cr**. This buyback is conducted via a tender offer and will close on July 30. This strategic move is intended to enhance shareholder value and optimize the company's capital structure for investors.
**Denta Water and Infra Solutions Limited:**
Denta Water and Infra Solutions has announced its 9th Annual General Meeting for August 22. The company also set August 14 as the record date for its proposed dividend of Rs 2.50 per equity share for the financial year ended March 31, 2025. Shareholder approval is sought for this dividend payment, which is a key return to investors.
**Abans Financial Services Limited:**
Abans Financial Services has announced its 16th Annual General Meeting for August 21, to be held via video conferencing/other audio-visual means. For this meeting, the share transfer books of the company will remain closed from August 18 to August 20, a standard procedure for corporate governance.
**Sagarsoft (India) Limited:**
Sagarsoft (India) has initiated the process to transfer unclaimed dividends and corresponding equity shares held for seven consecutive years or more to the Investor Education and Protection Fund (IEPF). Shareholders with unclaimed amounts or shares are encouraged to contact the company or registrar to claim their entitlements before the October 20 deadline.
**Motilal Oswal Home Finance Limited:**
Motilal Oswal Home Finance has released its financial results for the quarter. Total income from operations rose to **177.53 Cr**, while net profit after tax was **23.89 Cr**. The company's net worth grew to **1,444.29 Cr**, and outstanding debt stood at **3,655.92 Cr**. Gross non-performing assets slightly increased to 1.23%, indicating a slight uptick in asset quality concerns.
**Sayaji Hotels (Indore) Limited:**
An open offer for Sayaji Hotels (Indore) shares has commenced, with Century 21 Officespace seeking to acquire up to 792,118 equity shares, representing 26% of the voting capital, at INR 1,250 per share. The total offer value is approximately **99.01 Cr**. The company's Independent Directors consider the offer price fair and reasonable. The tendering period runs until August 7.
**Chollamandalam Investment and Finance Company Limited:**
Chollamandalam Investment and Finance Company has issued demand notices to numerous borrowers and co-borrowers whose loans have been classified as non-performing assets. The company requires them to repay significant outstanding amounts, including interest, within 60 days. Failure to comply may lead to the acquisition of secured assets and the potential public disclosure of defaulters' photographs, reflecting the company's stringent loan recovery efforts.
**Servotech Renewable Power Systems Limited:**
Servotech Renewable Power Systems has issued a clarification regarding its postal ballot notice. The company seeks shareholder approval for the re-appointment of Mr. Girish Kumar Ahuja as a Non-Executive Independent Director for five years, despite his age exceeding 75. The Board believes his extensive experience in finance and corporate governance will bring significant value to the company.
**KIFS Housing Finance Limited:**
KIFS Housing Finance has issued demand notices under the SARFAESI Act for several loans that have become non-performing assets. The company is seeking to recover outstanding amounts from borrowers, including **0.106 Cr** and **0.215 Cr** in two separate instances. Borrowers are advised to settle their dues within 60 days to prevent the company from proceeding with the acquisition of the secured asset, indicating a firm stance on debt recovery.
