Avasara Finance Ltd — Important, 10-10-2025: Company Update

Avasara Finance has published the financial results for the quarter and half-year. Bank of Maharashtra issued a demand notice to Suyog Pharmaceuticals & Distributors for an outstanding loan of Rs. 2.48 Cr. The account was classified as a non-performing asset, and the company must repay within 60 days to avoid enforcement actions on secured assets. Omkara Assets Reconstruction issued an erratum, correcting an e-auction's reserve price from an earlier incorrect announcement to Rs. 2.02 Cr, confirming the property is in physical possession.