Aztec Fluids & Machinery Ltd
Aztec Fluids Subsidiary Classified as NPA by ICICI Bank 📉
• ICICI Bank classified subsidiary Jet Inks Private Limited as Non-Performing Asset (NPA)
• Effective date: 1st August 2025
• Classification due to non-renewal of Corporate Guarantee by erstwhile promoters, not payment defaults
• Company assessing situation and developing resolution plan with lenders and stakeholders
• Commitment to keep stock exchange and investors updated on material developments