Elegant Marbles & Grani Industries Ltd — Important, 17-03-2026: Company Update

LIC Housing Finance Ltd and Canara Bank are conducting e-auction sales to recover outstanding dues from defaulting borrowers. LICHFL plans to auction four mortgaged properties with a combined reserve price of approximately 1.35 Cr. Separately, Canara Bank will auction one flat for a reserve price of 0.22 Cr, targeting recovery of about 0.67 Cr in outstanding dues. These actions demonstrate financial institutions' ongoing efforts to manage non-performing assets and strengthen their balance sheets through asset realization.