Aveer Foods Ltd — Important, 02-09-2025: Company Update

Cholamandalam Investment and Finance Company Limited, Phoenix ARC Private Limited, Muthoot Fincorp Limited, and Authum Investment & Infrastructure Limited are actively conducting e-auctions for various secured properties to recover defaulted loan amounts. These include residential plots, commercial flats, and land parcels across different locations. The total outstanding dues across these announced auctions amount to approximately **1.30 Cr**. The companies emphasize that these sales will be conducted on an 'as is where is' basis, reflecting ongoing efforts to address non-performing assets and strengthen their financial positions.