NATIONAL PLASTIC INDUSTRIES LIMITED

Company Disclosure

National Plastic Industries Limited submitted regulatory compliance documentation to the Bombay Stock Exchange regarding its 39th Annual General Meeting. The company published newspaper advertisements for the AGM notice in The Free Press Journal (English) and Navshakti (Marathi) on August 24, 2026. The advertisements are available on the company's website at www.nationalplastic.com. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Debt Recovery Notices

Multiple financial institutions issued possession notices under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act):

Axis Bank Ltd. Notices:

  • Loan Account LTR'6471°285°5: Borrowers Sameer Ramesh More and Shreya Sameer More, NPA date: 08/06/2026, Demand Notice: 30/06/2026
  • Property: Flat No. 605, 6th Floor, Dhruvikr Enclave, Badlapur - 421503
  • Amount: ₹15,61,316.00 plus contractual interest

Additional Axis Bank Cases:

  • Borrower: Sujata Yashwant Patil, NPA date: 11/05/2026, Demand Notice: 30/06/2026
  • Property: Flat No. 804, Building No. 2, Green Touch, Badlapur (West) - 421503

State Bank of India Notice (Stressed Assets Recovery Branch, Thane):

  • Borrower: Smt. Sanjeevani Vilas Kambale
  • Property: Flat No. 405, Guru Saptashree, Shri Samarth Satyam Maharaj Developer, CTS No. 5445, Carmel School, Village: Bhanvaj, Taluka: Khalapur, Raigad-410203
  • Outstanding Amount: ₹27,56,009/- (Twenty Seven Lakh Fifty Six Thousand Nine Only) as of 12/04/2023 plus subsequent interest and costs
  • Demand Notice Date: 89.08.9093, Possession Date: 15/07/2026

Motilal Oswal Home Finance Limited Notice:

  • Formerly known as Aspire Home Finance Corporation Ltd.
  • Issued possession notice under Rule 8(1) of Security Interest (Enforcement) Rules, 2002
  • The notice follows demand notices issued to borrowers who failed to repay amounts within 60 days of notice receipt

Property Details

Various mortgaged properties are detailed across the notices, including:

  • Residential flats in Badlapur, Thane, and Raigad districts
  • Land parcels with specific survey numbers and measurements
  • Properties ranging from approximately 42.132 sqm to 227 sqm

Financial Impact

The document discloses multiple non-performing assets with outstanding amounts totaling over ₹1.5 crore across various accounts, plus contractual interest and recovery costs. The exact financial impact on National Plastic Industries Limited is not quantified in the disclosure.