BGIL Films & Technologies Ltd — Important, 18-05-2026: Company Update

**BGIL Films & Technologies Limited**

BGIL Films & Technologies reported its financial results for the quarter and year ended March 31. For the quarter, total income was 0.02 Cr, resulting in a net loss of 0.05 Cr. For the full year, total income was 1.02 Cr, with a net loss of 0.01 Cr. Basic and diluted Earnings Per Share stood at 0.26 for the quarter and 0.08 for the year. The company's equity share capital is 11.33 Cr. This update provides investors with key performance metrics for the recent fiscal period.

**Aspira Pathlab & Diagnostics Limited**

An open offer for Aspira Pathlab & Diagnostics saw Acquirers and PAC seeking to acquire 26,76,180 equity shares at ₹55 each. Shareholders tendered 22,82,507 shares, all of which were accepted. The actual offer size amounted to ₹12.55 Cr. Following the offer, the Acquirers and PAC now hold 47,34,618 shares, representing 46.00% of the company's equity share capital. This transaction significantly altered the ownership structure, providing clarity on the new promoter holding.

**Hinduja Housing Finance Limited (Symbolic Possession)**

Hinduja Housing Finance has taken symbolic possession of two properties to recover outstanding dues from borrowers. For one loan, the outstanding amount is 0.11 Cr, concerning a flat in Indirapuram. For another loan, 0.20 Cr is outstanding, related to a plot in Ghaziabad. This action allows the company to enforce its security interest, aiming to recover defaulted loan amounts and mitigate potential losses for stakeholders. Public is cautioned against dealing with these properties.

**Hinduja Housing Finance Limited (Sale Notice)**

Hinduja Housing Finance will sell a mortgaged property via private treaty or e-auction to recover outstanding dues of 0.38 Cr. The property, a house in Karnal, has a reserve price of 0.18 Cr, with an Earnest Money Deposit of 0.018 Cr required. This move aims to recover defaulted loans and is significant for investors as it indicates ongoing efforts to manage and recover non-performing assets, improving the company's financial health.

**Kotak Mahindra Bank Limited**

Kotak Mahindra Bank has taken symbolic possession of five properties to recover overdue loan amounts from various borrowers. The outstanding dues range from 0.18 Cr to 0.97 Cr, covering properties like flats in Noida, Greater Noida, and Ghaziabad. This action demonstrates the bank's commitment to recovering non-performing assets and protecting its financial interests. This is important for investors as it impacts the bank's asset quality and overall financial stability.

**Canara Bank**

Canara Bank has issued a demand notice to recover 0.53 Cr plus interest from a guarantor for a loan that has become a Non-Performing Asset. The borrower's account was classified as NPA. This action by the bank signals its active pursuit of loan recoveries, which is crucial for maintaining asset quality and ensuring financial stability. Investors should note such efforts as they directly influence the bank's performance metrics.

**Fabindia Limited**

Fabindia Limited has announced the transfer of equity shares with unclaimed dividends for seven consecutive years or more to the Investor Education and Protection Fund (IEPF). Shareholders with unclaimed final dividends from Financial Year 2018-19 or earlier are advised to claim their amounts before October 06, 2026. This process ensures compliance and encourages shareholders to claim their rightful dues, impacting the company by cleaning up its share registry.

**K. ASHANG VIVAN (Insolvency)**

The National Company Law Tribunal has initiated an insolvency resolution process for K. Ashang Vivan, a personal guarantor. Creditors are instructed to submit their claims with proof by June 08. This development signals a legal proceeding aimed at resolving financial distress for the individual. Investors with claims related to K. Ashang Vivan should take note of the deadline for submitting their proofs.

**M/s MK S SHRI ENTERPRISES**

M/s MK S SHRI ENTERPRISES, currently a partnership firm, plans to convert into a company limited by shares. An application will be made to the Registrar for this registration. The main objective of the proposed company involves manufacturing and trading various metallic yarns for textiles and industrial uses. This conversion aims to formalize the business structure, which could enhance its ability to raise capital and expand operations.

**PAAK EXIM PRIVATE LIMITED**

PAAK EXIM Private Limited intends to relocate its registered office from the National Capital Territory of Delhi to the State of Orissa. The company will apply to the Regional Director for approval to amend its Memorandum of Association. This strategic relocation may be driven by operational or tax considerations, potentially impacting logistical efficiency and regional business focus for the company. Interested parties have fourteen days to submit objections.

**DIT FASHION PRIVATE LIMITED**

DIT FASHION Private Limited plans to move its registered office from Uttar Pradesh to the National Capital Territory of Delhi. The company will seek approval from the Central Government/Regional Director for this alteration to its Memorandum of Association. This relocation could align the company's operational base with its strategic business needs, potentially affecting administrative efficiency and stakeholder engagement within its new jurisdiction.

**MRKOOL LOGISTICS (INDIA) PRIVATE LIMITED**

MRKOOL LOGISTICS (INDIA) Private Limited intends to relocate its registered office from the National Capital Territory of Delhi to the State of Maharashtra. The company will apply to the Central Government to amend its Memorandum of Association for this change. This move is strategically significant as it could position the logistics firm closer to key operational hubs or new market opportunities, potentially optimizing distribution networks and reducing costs.

**RURBAN AGRIBUSINESS & AGRITECH (INDIA) PRIVATE LIMITED**

RURBAN AGRIBUSINESS & AGRITECH (INDIA) Private Limited plans to shift its registered office from the National Capital Territory of Delhi to the State of Maharashtra. The company will seek Central Government approval to alter its Memorandum of Association for this relocation. This strategic decision could enhance the company's access to agricultural markets or technology hubs in Maharashtra, potentially boosting its agribusiness and agritech initiatives.

**M/s Jagron Overseas (OPC) Pvt. Ltd.**

An appeal is currently before the National Company Law Tribunal (NCLT) seeking the restoration of M/s Jagron Overseas (OPC) Private Limited's name to the Registrar of Companies' register. The Income Tax Officer filed this appeal against the Registrar of Companies. If approved, this restoration would reinstate the company's active legal status, allowing it to resume operations and fulfill its corporate obligations.

**M/s Mangalmay Parivar Marketing Pvt. Ltd.**

An appeal has been filed with the National Company Law Tribunal (NCLT) by the Income Tax Officer to restore M/s Mangalmay Parivar Marketing Private Limited's name to the Registrar of Companies' register. This action aims to reactivate the company's legal standing. A successful restoration would enable the company to resume business activities and meet its statutory requirements, which is vital for its stakeholders.