Vivimed Labs Ltd
🏢 Key Corporate & Financial Updates: Auctions, Insolvency & Tenders
- Hinduja Housing Finance Limited is conducting an e-auction sale of properties on an 'as is where is' basis to recover outstanding dues.
- Property inspection scheduled for May 14, 2026, from 11:00 AM to 2:00 PM.
- Earnest Money Deposit (EMD) deadline is May 16, 2026, by 5:00 PM.
- Properties include residential houses and plots in locations like Varanasi, Uttar Pradesh, with outstanding amounts ranging from approximately ₹10 lakh to ₹72 lakh.
- Payments for items 1 to 21 must be made via demand draft payable to Hinduja Housing Finance Limited at Varanasi.
- Coromandel Agrico Private Limited is also involved in a separate e-auction process under liquidation, with details available on the IBBI portal.
- Kerala Minerals and Metals Ltd. (KMML) has issued a tender notice for the supply of key bricks (Tender ID: 2026_KMML_848309_1).
- Public notices caution against unauthorized dealings with the securities mentioned and set deadlines for claim submissions.
- Multiple entities, including JSK The Banyaan Private Limited, are involved in liquidation and e-auction processes under the Insolvency and Bankruptcy Code, 2016.
- Merino Industries Limited is issuing duplicate share certificates for 400 shares registered in the name of Mr. Yogesh Lakhani.
- Shareholder address: 801, 8th Floor, Rai Sunshine, Royale Complex, Eksar Road, Borivali West, Mumbai-400052.
- Objections to the duplicate share issuance must be lodged within 15 days from April 20, 2026, with the company or its registrar.
- Registrar details: C B Management Services Pvt. Ltd., P-22, Bondel Road, Kolkata-700019.
- Stylam Industries Limited's independent directors recommend public shareholders accept an open offer from ICICI Securities Limited.
- Open offer price: ₹2,250 per equity share for up to 44.06% of Stylam's shares, totaling approximately ₹491.40 crore.
- Offer is based on the highest negotiated price under share purchase agreements dated December 26, 2025.
- Public shareholders are advised to independently evaluate the offer before tendering shares.
- Punjab National Bank issued possession notices for multiple immovable properties in Moradabad, Uttar Pradesh, due to loan defaults.
- Reserve Bank of India announced an auction of state government securities on April 21, 2026, via E-Kuber system.
- Coromandel Agrico Private Limited's assets are being sold via e-auction on May 25, 2026, on an 'as is where is' basis.
- Corporate insolvency resolution process commenced for Vivimed Labs Limited on April 15, 2026, as ordered by the National Company Law Tribunal, Bengaluru Bench.
- Creditors must submit claims with proof by May 1, 2026, to Interim Resolution Professional T Narayana Swamy (IBBI Regn. No. IBBI/IPA-002/IP-NO1078/2020-2021/13427).
- Estimated closure date for the insolvency process is October 11, 2026.
- Hinduja Housing Finance Limited announced e-auction sale of multiple properties on 'as is where is basis' scheduled for May 21, 2026, with EMD deadlines on May 16, 2026.
- Stylam Industries Limited received an open offer from Area Koyo Company Limited with a total consideration of ₹451.40 crore, offering ₹2,250 per equity share.
- Punjab National Bank issued possession notices for properties in Moradabad under security interest enforcement rules, with outstanding amounts ranging from approximately ₹6.93 lakh to ₹9.89 lakh.
- Public notices issued for duplicate share certificates by companies including Merino Industries Limited and Coromandel Agrico Private Limited, with objections to be lodged within 15 days.
- Reserve Bank of India announced auction of state government securities on April 21, 2026, via E-Kuber system.
- Kerala Minerals and Metals Ltd. published a tender notice (Tender Id: 2026_KMML_848309_1) for supply of key bricks.
- Liquidation process for M/s. JSK The Banyaar and Coromandel Agrico Private Limited involves e-auction sales, with details available on IBBI's portal.