Patspin India Receives Notice From Central Bank of India Regarding Working Capital Loan Default

Patspin India Receives Notice From Central Bank of India Regarding Working Capital Loan Default​

Patspin India Ltd has received a notice from M/s Central Bank of India concerning the possession of the Company's assets and properties. The notice was received on July 7, 2026.

The action stems from the default in repayment of the Working Capital Term Loan provided by M/s Central Bank of India, identified as the company’s banker.

This development relates to the enforcement of security interest concerning Patspin India Ltd.'s assets and properties following the loan repayment default.

Stock Price Movement​

Patspin India Ltd. settled on Tuesday at ₹7.12, declining 0.70% in post-market trading. The shares experienced a volatile day, ranging between an intraday low of ₹6.70 and a high of ₹7.18.

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