SRU Steels Ltd — Updates, 14-08-2025: Company Update

Here are the summaries for the announcements in the document:

**Hero FinCorp Limited**

Hero FinCorp has taken possession of two properties from different borrowers due to outstanding loan amounts. A house in Yamunanagar was seized from Nitin Dhingra, Shivani Parveen Kumar, and Satyam Sai Fast Food for an unpaid amount of approximately 0.597 Cr. Additionally, two houses in Yamunanagar were seized from Everest Plywood Industries and its partners for a defaulted loan totaling around 3.72 Cr. The public is advised against dealing with these properties.

**Jindal Stainless Limited**

Jindal Stainless has issued a notice regarding several lost equity share certificates. The company plans to issue duplicate certificates if no valid objections are received within seven days of this notice. The notice lists various shareholders, certificate numbers, distinctive numbers, and the number of shares involved for both Rs. 2 and Rs. 10 face value shares.

**SRU Steels Limited**

SRU Steels has announced its financial results for the quarter. The company reported a total income from operations of 0.39 Cr. For the period, SRU Steels incurred a net loss after tax of approximately 0.029 Cr. The paid-up equity share capital stands at 8.64 Cr.

**Indian Acrylics Limited**

Indian Acrylics has announced its financial results for the quarter. The company recorded a total income from operations of 88.04 Cr. The net profit after tax for the period was 1.34 Cr. The equity share capital of the company is 59.93 Cr.

**State Bank of India**

State Bank of India has issued demand notices to multiple borrowers who have defaulted on vehicle and other loans, leading to their accounts becoming non-performing assets. The bank has requested repayment of amounts ranging from approximately 0.015 Cr to 0.289 Cr for various individuals and one business entity, with total outstanding dues including interest and charges. The public is cautioned against dealing with the hypothecated assets.

**Bank of Baroda**

Bank of Baroda has issued redemption notices to several borrowers and guarantors for properties under equitable mortgage. These parties have been given a final 30-day opportunity to repay their outstanding dues, including interest and charges, and reclaim their secured assets. Failure to do so will result in the bank proceeding with public e-auctions of the properties. Outstanding amounts range from approximately 0.47 Cr to 1.29 Cr.

**Jupiter Infomedia Limited**

Jupiter Infomedia's Committee of Independent Directors has assessed the open offer made by Arix Capital Limited and Kajal Gopal Baldha to acquire up to 26.00% of the company's voting share capital at Rs. 52.00 per share, totaling up to 13.54 Cr. The committee's view is that the offer is fair and reasonable. Shareholders are encouraged to independently evaluate the offer.