Lakhotia Polyesters (India) Ltd — Important, 25-08-2025: Company Update

Multiple financial institutions, including Kotak Mahindra Bank, Tata Capital Housing Finance, Can Fin Homes, Bank of Baroda, Bank of India, Grihum Housing Finance, and Nido Home Finance, have issued public notices. These primarily involve e-auctions, possession notices, and demand notices for various mortgaged properties, aiming to recover significant non-performing loan amounts ranging from approximately 0.037 Cr to 4.66 Cr. Additionally, Lakhotia Polyesters will hold its AGM via video conferencing on September 23, 2025, while Sankalp Siddhi Developers issued an Expression of Interest for its insolvency process, and Esco Finotech LLP sought claims for a property undergoing due diligence.