Mahan Industries Ltd — Important, 15-11-2025: Company Update

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**MAHANINDUSTRIES LTD.**

Mahan Industries has informed shareholders about the dispatch of its Postal Ballot Notice for resolutions requiring member approval. The company is offering an e-voting facility for shareholders to cast their votes. This e-voting period has commenced and will remain open until a specified closing time. Shareholders whose names are recorded as of the cut-off date are eligible to participate. The results of the e-voting are expected to be announced shortly after the voting period concludes. This is an important step for shareholders to exercise their voting rights on company matters.

**AARNAV FASHIONS LIMITED**

Aarnav Fashions has reported its financial results for the quarter and half-year. For the quarter, total income reached ₹10.48 Cr, with a net profit of ₹1.81 Cr. Earnings per share (EPS) stood at ₹0.51. For the half-year, the company posted a total income of ₹23.12 Cr and a net profit of ₹3.96 Cr, with half-year EPS at ₹1.01. These results have been approved by the Board of Directors, reflecting the company's performance in its textile processing segment.

**AMINES & PLASTICIZERS LIMITED**

Amines & Plasticizers has released its financial results for the quarter and half-year. For the quarter and half-year on a standalone basis, total income from operations was ₹273.31 Cr, with a net profit after tax of ₹13.52 Cr and basic EPS of ₹2.48. On a consolidated basis, total income from operations for both the quarter and half-year reached ₹273.59 Cr, reporting a net profit after tax of ₹13.83 Cr and basic EPS of ₹2.41. These results have been approved by the Board of Directors.

**RAJPUTANA INVESTMENT & FINANCE LIMITED**

Rajputana Investment & Finance has announced its financial results for the quarter and half-year. For the quarter, total income from operations was ₹2.65 Cr, with a net profit after tax of ₹0.36 Cr. Basic earnings per share (EPS) stood at ₹0.70. For the half-year, total income from operations reached ₹4.73 Cr, with a net profit after tax of ₹0.23 Cr and basic EPS of ₹0.44. These results were approved by the Board of Directors after being reviewed by the Audit Committee.

**NMDC Limited**

NMDC has announced a tender seeking bids for the supply and installation of one hydraulic backhoe excavator. This excavator, with a capacity of 3.5 to 4.00 cubic meters (derated to 3.2 to 3.6 cubic meters), is intended for the Panna project. The engagement will be for a period of six years or 12,000 operational hours, whichever comes first. This procurement highlights ongoing operational needs for the company's projects.

**Panabyte Technologies Limited**

Panabyte Technologies has published its financial results for the quarter and half-year. For the quarter, revenue from operations was ₹2.13 Cr, leading to a total income of ₹2.21 Cr. The company reported a net profit of ₹0.06 Cr, with basic earnings per share (EPS) at ₹0.20. For the half-year, revenue from operations reached ₹3.04 Cr, total income was ₹3.19 Cr, and net profit was ₹0.05 Cr, with basic EPS also at ₹0.20. These figures have been approved by the Board of Directors.

**CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED**

Cholamandalam Investment and Finance has issued e-auction notices for the sale of several immovable secured assets. This action is part of the company's efforts to recover outstanding dues from various borrowers and guarantors who have defaulted on their loan agreements. Properties, including residential houses, are being put up for sale, with specific reserve prices set for each. This initiative reflects the company's ongoing debt recovery processes to safeguard its financial interests.

**Kotak Mahindra Bank Ltd.**

Kotak Mahindra Bank has issued demand notices to multiple borrowers who have defaulted on their loans, categorizing these accounts as non-performing assets. The bank is seeking to recover outstanding dues by initiating formal proceedings, in line with its debt recovery policies. The notices specify the amounts owed by various individuals and co-borrowers, aiming to prompt repayment before further enforcement actions are pursued. This highlights the bank's proactive approach to managing loan defaults and protecting its assets.

**The South Indian Bank Ltd.**

The South Indian Bank has announced an e-auction for immovable assets belonging to M/s. Opera Natural Resources Private Limited and its guarantors. The bank has taken physical possession of the mortgaged property as part of its debt recovery efforts. The sale aims to recover an outstanding amount of approximately ₹28.56 Cr, plus future interest and expenses. This action underscores the bank's commitment to enforcing security interests and recovering non-performing assets.

**SMFG INDIA CREDIT COMPANY LIMITED**

SMFG India Credit has issued demand cum e-auction notices for multiple secured assets due to borrower defaults. The company is proceeding with the sale of various properties, including those belonging to Mr. Dhanpatraj Lalchand Jain, with reserve prices ranging from ₹0.80 Cr to ₹2.34 Cr. Another recovery action is against the Akhai family for approximately ₹23.49 Lakh. These actions highlight SMFG India Credit's strategy to recover outstanding dues and manage its non-performing assets.

**DEBTS RECOVERY TRIBUNAL-I**

The Debts Recovery Tribunal-I has issued an e-auction notice for the sale of immovable properties to recover outstanding dues for Central Bank of India. The auction aims to recover approximately ₹38.95 Lakh from Nareshbhai Manibhai Patel and others. Properties for sale include agricultural land, with reserve prices of ₹34.56 Lakh for one parcel and ₹1.22 Cr for another. This action signifies legal proceedings to facilitate debt recovery and highlights the enforcement of financial liabilities.

**SAMMAAN CAPITAL LIMITED**

Sammaan Capital Limited, formerly Indiabulls Housing Finance, has issued a possession notice for an immovable property due to loan defaults by Anil Kumar Babulal Runthala, BRR Udhyog Private Limited, and Harsha Sharma. The company has taken symbolic possession of a property in Ahmedabad, against an outstanding amount of approximately ₹4.23 Cr. The public is cautioned against dealing with this property, as it is now subject to the company's charge. This action is part of the ongoing debt recovery process.