Technofab Engineering has informed that the Company has received notice under Section 13(2) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002) from State Bank of India & IDBI Bank, the lenders under consortium arrangement. The Company is in the process of giving suitable reply to the same in accordance with the applicable provisions of the SARFAESI Act, 2002.
The above information is a part of company’s filings submitted to BSE.
