Smruthi Organics Ltd — Important, 21-07-2026: Company Update

**Nivas Housing Finance Ltd.**

Nivas Housing Finance has taken symbolic possession of two properties under the SARFAESI Act due to loan defaults. These actions are against borrowers for outstanding amounts of approximately ₹0.05 Cr and ₹0.05 Cr, respectively. This demonstrates the company's proactive approach in recovering non-performing assets, which is positive for its financial health and asset quality.

**Smruthi Organics Ltd.**

Smruthi Organics has announced its 37th Annual General Meeting will be held via video conferencing on August 10. The annual report for FY2025-26 has been distributed. Shareholders can participate in remote e-voting from August 7 to August 9, with a record date of July 31 for eligibility. This ensures broad shareholder participation in key company decisions.

**Indo MIM Ltd.**

Indo MIM, a global leader in precision engineering components, has set its IPO price band at ₹461-485 per equity share for a ₹3,812 Cr offering. The IPO, which includes a fresh issue of ₹500 Cr and an offer for sale of up to 6.82 Cr shares, opens on July 23 and closes on July 27. Proceeds from the fresh issue will primarily be used for repaying ₹400 Cr of debt and general corporate needs.

**Lohia Corp Ltd.**

Lohia Corp (formerly Kanpur Packaging Machines) has announced an IPO with a price band of ₹404-425 per equity share. The offering, opening on July 23 and closing on July 27, involves an offer for sale of up to 25,931,407 equity shares by promoters and other shareholders. Investors can bid for a minimum of 35 shares. The IPO will utilize a book-building process for allocation among investor categories.