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Iris Clothings Ltd. ( (IN:IRISDOREME) ) just unveiled an update.
Iris Clothings Ltd. has notified the exchange about a newspaper publication that primarily comprises statutory auction and recovery notices issued by lenders under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, unrelated to the company’s core operations. The publication details enforcement actions by India Shelter Finance Corporation and Canara Bank for recovery of overdue loan amounts through auction of mortgaged residential and land properties in Chhattisgarh and West Bengal, highlighting ongoing credit recovery activity in the retail mortgage segment but without disclosing any direct operational or financial impact on Iris Clothings itself or its stakeholders.
More about Iris Clothings Ltd.
Average Trading Volume: 450,404
Technical Sentiment Signal: Buy
Current Market Cap: 6.45B INR
For an in-depth examination of IRISDOREME stock, go to TipRanks’ Overview page.