ALPHA TRIBE

Punctual Trading LtdImportant, 02-09-2026: Company Update

02-09-2026 | 03:59 pm

**PUNCTUAL TRADING LIMITED**

Punctual Trading has informed stakeholders about the publication of the Notice for its 40th Annual General Meeting in newspapers. This is a standard compliance update, ensuring shareholders are aware of the upcoming meeting where key company matters will be discussed and decided. The company encourages shareholders to review the published notice for full details regarding the agenda and participation. This transparency is crucial for investor relations, keeping shareholders informed about governance and operational updates.

**ASSET RECONSTRUCTION COMPANY (INDIA) LTD.**

Asset Reconstruction Company (India) Limited (ARCIL), acting as a trustee, has taken possession of a secured property in Village Karivali. This action follows the borrower's failure to repay a defaulted loan, originally from Muthoot Fincorp and later assigned to ARCIL. The outstanding debt is approximately 0.26 Cr, incurring 16% annual interest. This move aims to recover the dues owed to the security receipt holders, underscoring ARCIL's proactive steps in managing distressed assets and enforcing security interests for debt recovery.

**W. H. BRADY AND COMPANY LIMITED**

W. H. Brady and Company Limited has announced its 113th Annual General Meeting, to be held via Video Conferencing or Other Audio-Visual Means. Shareholders will be able to transact business as outlined in the meeting notice, with remote e-voting facilities provided by CDSL. The company has specified a cut-off date for eligibility to vote and attend, ensuring broad participation. This allows investors to engage with company governance and exercise their voting rights on important resolutions.

**SHRIRAM ASSET RECONSTRUCTION PRIVATE LIMITED**

Shriram Asset Reconstruction has initiated an e-auction for an immovable property in Boraj, Pune, to recover a defaulted loan. The property, owned by Shivaji Sakharam Khedkar and others, carries an outstanding demand of approximately 0.047 Cr. The auction's reserve price is set at 0.13 Cr, with a required EMD of 0.013 Cr. This strategic move aims to realize value from distressed assets, impacting debt recovery efforts and potentially the company's financial health by improving asset quality.

**SUNDARAM MULTI PAP LIMITED**

Sundaram Multi Pap has announced its 32nd Annual General Meeting, to be conducted virtually through Video Conferencing or Other Audio-Visual Means. The company is facilitating e-voting via NSDL, allowing shareholders to cast their votes remotely on agenda items. A specific cut-off date has been set for determining shareholder eligibility for participation and voting. This process ensures transparent corporate governance and enables investors to actively participate in key decisions affecting the company.

**ADITYA BIRLA HOUSING FINANCE LIMITED**

Aditya Birla Housing Finance has initiated e-auctions for multiple secured immovable properties to recover defaulted loans. These include various flats in locations like Badlapur, Karjat, and Thane. Demand amounts range from approximately 0.18 Cr to 0.98 Cr, with corresponding reserve prices between 0.10 Cr and 0.62 Cr. This aggressive debt recovery strategy is vital for improving asset quality and strengthening the company's balance sheet, showcasing efforts to minimize non-performing assets.

**PEGASUS ASSETS RECONSTRUCTION PRIVATE LIMITED**

Pegasus Assets Reconstruction's debt recovery case against Manecklal Joshi and others has been transferred to DRT-II Mumbai due to jurisdictional changes. The total recoverable amount from the certificate debtors, including interest, is a substantial 362.98 Cr. To facilitate recovery, a plot with a structure in Kopar Khairane is being put up for e-auction. The property has a reserve price of 1.62 Cr and an EMD requirement of 0.162 Cr. This action represents a significant step in recovering a large outstanding debt.

**SAGAR SYSTECH LIMITED**

Sagar Systech has opened a special one-year window for shareholders to resubmit physical share transfer requests that were previously rejected before April 2019 due to deficiencies. This initiative, valid from early February 2026 to early February 2027, aims to facilitate the dematerialization of these shares. Re-submitted shares will be issued in dematerialized form but will be locked-in for one year, restricting transfer or pledging. This improves shareholder accessibility and streamlines the company's shareholding records.

**CENTRAL BANK OF INDIA**

Central Bank of India has initiated an e-auction for a secured property in Kolgaon, Shrigonda, to recover a defaulted loan from Bhausaheb Kashinath Shinde and others. The outstanding amount due to the bank is approximately 0.06 Cr, plus interest and charges. The property's reserve price is set at 0.13 Cr, with a mandatory EMD of 0.013 Cr. This action is part of the bank's ongoing efforts to recover non-performing assets and maintain a healthy financial position.

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