KZ Leasing & Finance Ltd — Important, 29-08-2026: Company Update

Bank of Baroda has issued a demand notice to a borrower and co-borrowers for a defaulted term loan. The bank classified the account as a Non-Performing Asset due to unpaid overdue amounts. The original loan limit was Rs. 0.71 Crore, with an outstanding liability of Rs. 0.66 Crore, including principal and interest. The bank has called upon the borrowers to repay this amount within 60 days, failing which it will proceed to enforce its security interest over the mortgaged property, a flat in Surat. This action is a standard step in the bank's loan recovery process, reflecting its ongoing asset quality management efforts.