Alfavision Overseas India Ltd — Important, 21-09-2025: Company Update

Alfavision Overseas (INDIA) Limited has announced a significant update regarding its debt. The company's loan account with Karnataka Bank Limited has been fully transferred to another Asset Reconstruction Company (ARC) for Rs. 2.38 Cr. This strategic move means Karnataka Bank Limited now records NIL outstanding dues from the company in its books. For shareholders, this signals a clear resolution of a specific debt, simplifying the company's financial landscape by moving the obligation to a new entity.