Sheraton Properties & Finance Ltd — Important, 14-08-2026: Company Update
**SHERATON PROPERTIES & FINANCE LIMITED:**
Sheraton Properties & Finance Limited has published its financial results for the quarter. These results were reviewed by the Audit Committee and subsequently approved by the company's Board of Directors. Shareholders can find the detailed financial performance report on both the company's website and the stock exchange portal. This update provides investors with insights into the company's recent operational and financial standing.
**HARIYANA SHIP-BREAKERS LIMITED:**
Hariyana Ship-Breakers Limited announced its financial results for the quarter, reporting a standalone net profit after tax of 4.41 Cr and a consolidated net profit after tax of 4.42 Cr. The company's operations remained inactive during the quarter as management actively explores suitable opportunities to recommence business activities. Despite this, the company maintains its going concern status. Investors should note the progress in identifying new ventures for future growth.
**Dombivli Nagari Sahakari Bank Limited (Possession Notice):**
Dombivli Nagari Sahakari Bank Limited has announced it took physical possession of a shop property. This action follows the non-repayment of a loan from Mr. Tripurari Shivshankar Ram and Mr. Shivshankar Baliram Ram, with an outstanding amount of approximately 9.88 lakh, plus accrued interest. The bank has cautioned the public against dealing with this property, as it is subject to the bank's charge, reflecting its ongoing efforts to recover overdue financial assets.
**Jana Small Finance Bank Limited (Possession Notice):**
Jana Small Finance Bank Limited has announced symbolic possession of multiple immovable properties due to borrowers failing to repay their loans. The outstanding amounts range from approximately 2.16 lakh to 5.45 lakh, plus interest and other charges. The bank has warned the public against dealing with these properties, reinforcing its assertive stance on recovering non-performing assets to safeguard shareholder value.
**GIC Housing Finance Ltd. (Demand Notice):**
GIC Housing Finance Limited has issued demand notices to multiple home loan borrowers who have defaulted on their payments, leading to their accounts being classified as non-performing assets. The company has demanded full repayment of outstanding dues, ranging from approximately 1.63 lakh to 1.10 crore, plus accrued interest. Failure to comply will result in GICHFL exercising its legal rights to take possession and dispose of the mortgaged properties for recovery, protecting its asset quality.
**Indian Overseas Bank (E-Auction Notice):**
Indian Overseas Bank has announced an e-auction for a mortgaged flat to recover dues from Ms. Kamala Giri. The outstanding amount is approximately 54.08 lakh. The property's reserve price is set at 52.45 lakh, with an earnest money deposit of 5.25 lakh and bid increments of 0.50 lakh. This action underscores the bank's commitment to recovering non-performing assets and maintaining its financial stability. Interested parties can find auction details on the bank's website.
**Jana Small Finance Bank (Demand Notice):**
Jana Small Finance Bank has issued demand notices to multiple borrowers, co-borrowers, and guarantors who have defaulted on their loans, resulting in their accounts being classified as non-performing assets. The bank is seeking full repayment of outstanding amounts, ranging from approximately 1.39 lakh to 24.46 lakh, plus interest. This action signals the bank's proactive efforts to recover dues and protect its asset quality, cautioning against any dealings with the mortgaged properties.
