Oswal Overseas Ltd — Important, 06-09-2025: Company Update
06-09-2025 | 06:56 pm
06-09-2025 | 06:56 pm
Oswal Overseas Limited's land in Uttar Pradesh, with an estimated value of Rs. 1.37 Cr, is facing auction by the Cane Commissioner. This action is due to the company's non-payment of Rs. 70.34 Cr in dues owed to sugarcane farmers. The company is currently assessing the financial and operational implications of this development. The quantifiable impact on the company’s financial results is not yet ascertainable, posing a significant concern for stakeholders regarding asset loss and outstanding liabilities.
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