ALPHA TRIBE

Satchmo Holdings LtdImportant, 18-10-2025: Company Update

18-10-2025 | 07:53 pm

Satchmo Holdings has successfully settled its outstanding liabilities with an Asset Reconstruction Company (ARC). The company previously reached a One-Time Settlement agreement for a total amount of Rs. 70 Crores. Satchmo Holdings has now fully paid this entire amount, effectively discharging all its total liability under the terms of the settlement. This significant financial action strengthens the company's balance sheet by eliminating a substantial debt obligation. This development is a key positive for stakeholders, reflecting improved financial stability and clarity moving forward.

No comments yet. Be the first to comment!

All announcements from Satchmo Holdings Ltd