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Chandrima Mercantiles LtdImportant, 14-08-2026: Company Update

14-08-2026 | 05:32 pm

**OMKAR PHARMACHEM LIMITED**

Omkar Pharmachem has announced its financial results for the quarter. Total income from operations was 0.09 Cr, a decline from 0.47 Cr last quarter and 0.13 Cr a year ago. The company recorded a net loss after tax of 0.01 Cr for the quarter, shifting from a net profit of 0.12 Cr last quarter and 0.03 Cr in the year-ago period. Basic and diluted earnings per share also turned negative at (0.0099). These results were approved by the Board of Directors.

**Aadhar Housing Finance Ltd.**

Aadhar Housing Finance has issued multiple possession notices for properties after borrowers and guarantors failed to repay their dues. The company has taken possession of ten specific immovable properties across various locations, including Rajkot, Morbi, and Ahmedabad, to recover outstanding loan amounts. These actions highlight the company's efforts to enforce its security interest and manage asset quality in cases of loan defaults. The amounts due vary for each property.

**Bank of Baroda**

Bank of Baroda has taken possession of two industrial and residential properties of Prabodhan Agro Private Limited. This action follows the borrower's failure to repay financial assistance totaling 3.84 Cr, including interest, as of May 10, 2026. The bank previously issued demand notices and has now enforced its security interest to recover the overdue amount. This move signals the bank's proactive stance on managing asset quality and loan defaults.

**PRABHA ENERGY LIMITED**

Prabha Energy Limited will hold its 17th Annual General Meeting (AGM) on September 08, 2026, through video conference. Shareholders can participate and vote electronically on all resolutions. The cut-off date to determine voting eligibility is September 01, 2026. Remote e-voting will commence on September 04, 2026, and conclude on September 07, 2026. The company’s share transfer books will be closed from September 02, 2026, to September 08, 2026, for the purpose of the AGM.

**State Bank of India**

State Bank of India has taken symbolic possession of an immovable property belonging to Mr. Harpal Nanakram Sahitya in Bhavnagar. This action follows the borrower's failure to repay outstanding dues. The demand notice, issued earlier, sought repayment of 1.44 Cr as of March 24, 2026. The bank cautions the public not to deal with the property, as any transactions will be subject to the bank's charge, underscoring its efforts to recover stressed assets.

**IDBI Bank Ltd.**

IDBI Bank has issued a public notice regarding a home loan default by Shri. Sanjay Bhagvan Gawai and Smt. Archanaben Sanjaybhai Gawai. The loan, originally sanctioned for 0.11 Cr, has been classified as a non-performing asset. As of June 3, 2026, the outstanding amount is 0.09 Cr. The bank has declared the full amount due and is taking steps to enforce its security interest on the mortgaged property, warning against any transfer without prior consent.

**PERVASIVE COMMODITIES LIMITED**

Pervasive Commodities has reported its financial results for the quarter. Total income from operations stood at 0.71 Cr, significantly lower than 77.79 Cr in the previous quarter and 4.41 Cr a year ago. Net profit after tax for the quarter was 0.01 Cr, a decrease from 0.04 Cr last quarter and 0.10 Cr in the year-ago period. Basic earnings per share remained at 0.00. These figures reflect a notable quarter-on-quarter and year-on-year decline in financial performance.

**CHANDRIMA MERCANTILES LIMITED**

Chandrima Mercantiles has reported its financial results for the quarter. Total income from operations stood at 0.57 Cr, a decrease from 43.53 Cr in the previous quarter and 3.94 Cr a year ago. The company recorded a net profit after tax of 0.05 Cr for the quarter, significantly lower than 4.00 Cr last quarter and 0.42 Cr in the year-ago period. Basic earnings per share remained at 0.00. These figures indicate a substantial decline in financial performance across the periods.

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