Abate As Industries Ltd — Important, 13-04-2026: Company Update

**1. ABATE AS INDUSTRIES LIMITED - Postal Ballot**

ABATE AS INDUSTRIES LIMITED has informed shareholders about the dispatch of a Postal Ballot Notice seeking approval for the appointment of Mr. Harikumar V as an independent director. E-voting for this key governance update is open from April 10 to May 9. The company has appointed a scrutinizer to ensure a fair process. Results are anticipated by May 12, allowing shareholders to participate in significant board decisions.

**2. HDB Financial Services Limited - Sale of Pledged Securities**

HDB Financial Services Limited has announced the sale of pledged securities to recover overdue loan amounts from defaulting borrowers. Despite notices, these borrowers have not settled their dues. The company plans to sell these securities on or after April 17, 2026, to recover outstanding funds. Borrowers can avoid the sale by clearing their dues before this date.

**3. HDB Financial Services Limited - Auction of Gold Ornaments**

HDB Financial Services Limited will hold a public auction of pledged gold ornaments to recover overdue loan amounts. Borrowers have failed to comply with requests to clear their dues. The auction will commence on or after July 16, 2024, at specified local branches. This action aims to realize outstanding funds by enforcing the pledge on collateral. The sale is on an "as is" basis, requiring potential buyers to verify assets.

**4. Prodigium Finance Limited - Branch Closures**

Prodigium Finance Limited will close several branches across Tamil Nadu, including Pollachi, Palladam, and Thiruvannamalai, effective July 1, 2026. Services for customers previously served by these locations will be transferred to new, designated branches in Coimbatore, Tiruppur, and Vellore. This move indicates an operational restructuring. Customers should direct all future communications and service requirements to the newly specified branch addresses.