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BGR Energy Systems Ltd announced on April 22 in an exchange filing that Union Bank has classified the company’s account as a non-performing asset (NPA) with effect from March 29.
“The Company has received communication from the Ninth bank, namely Union Bank of India, Large Corporate Branch, Chennai on 03 April informing classification of Company’s Account(s) with it as Non-Performing Asset w.e.f. 29 March 2024”, it stated in the exchange filing.
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“As on 31…
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