Gowra Leasing & Finance Ltd — Important, 04-07-2026: Company Update
**GOWRA LEASING & FINANCE LIMITED**
Gowra Leasing & Finance published newspaper advertisements to inform shareholders about its 33rd Annual General Meeting. The notice encourages shareholders to update their email addresses and other relevant information for effective communication regarding the meeting. This serves as a standard compliance update, ensuring all stakeholders are well-informed about the upcoming annual general assembly.
**Jammu & Kashmir Bank Limited**
The Jammu & Kashmir Bank initiated recovery action by issuing a demand notice to borrowers and guarantors for two housing loans. These loans, originally sanctioned for Rs. 30 Lakh, were classified as Non-Performing Assets. As of May 31, 2026, the total outstanding amount is Rs. 12,92,087.35. The bank demands full repayment within 60 days, warning that it will otherwise enforce its rights, including taking possession of the secured property. This highlights the bank's efforts to manage and recover stressed assets.
**Indian Bank**
Indian Bank announced an e-auction of an immovable property in Hyderabad to recover outstanding dues from M/s Berds Pharma and its partners/guarantors. The property, previously mortgaged to the bank, is being sold to recover Rs. 5.92 Crore, plus interest and other charges. The reserve price for the auction is set at Rs. 2.67 Crore, with the e-auction scheduled for August 7, 2026. This action demonstrates the bank's active steps in realizing value from stressed assets and improving its asset quality.
