ALPHA TRIBE

Pasari Spinning Mills LtdImportant, 19-12-2025: Company Update

19-12-2025 | 05:49 pm

Pasari Spinning Mills has received a Proclamation of Sale from the Commercial Court, Mysuru. This order relates to ongoing execution proceedings initiated by The Cotton Corporation of India Ltd. for the recovery of alleged dues from the company and its Managing Director. The company is actively reviewing the court's order and intends to pursue appropriate legal steps. The financial impact, if any, of these proceedings is currently under assessment. The company will inform stakeholders of any material updates.

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