Announced Fri, 10 Jul · 18:06 IST
Bank demand notice for Rs 2440 lacs under SARFAESI Act
Regulatory & Legal View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.8%1-day move
₹4.26
prior close
₹4.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———+1.2-3.8-6.3-3.1+0.7+2.6-2.8————
Up moveDown movePending
AI summary
Tahmar Enterprises received a demand notice dated July 1, 2026 from KDCC Bank under Section 13(2) of the SARFAESI Act, seeking Rs 2,440.07 lacs within 60 days. The notice relates to a mortgage deed from October 2024 on land at Bhadgaon, Kolhapur. The company is contesting the demand, citing the MSME revival and rehabilitation framework. No enforcement measures under Section 13(4) have been initiated yet.
Likely market impact
Negative near-term overhang from a large demand; company is contesting, so outcome remains uncertain for shareholders.