Glittek Granites Ltd — Important, 19-05-2026: Company Update

Jana Small Finance Bank has initiated debt recovery proceedings by announcing an e-auction for a mortgaged property. The bank's authorized officer took possession of Flats 1203 and 1203E in Gaurav Excellency, Ghodbunder, Thane. The outstanding dues from the borrower account total Rs. 0.9158 Crore. The property's reserve price for the auction is set at Rs. 0.5918 Crore, with an earnest money deposit of Rs. 0.05918 Crore. This move is part of the bank's standard process to recover non-performing assets.