Quadrant Televentures Faces SARFAESI Notice for Outstanding Debenture Payments
Quadrant Televentures Limited (QTL) has received a notice from IDBI Trusteeship Services Limited under Section 13(4) of the SARFAESI Act, 2002. The Debenture Trustee has taken symbolic possession of QTL's properties in Jalandhar and Mohali, demanding payment of outstanding amounts within 30 days. This follows a previous notice under Section 13(8) of the SARFAESI Act. QTL has disclosed this information to the BSE Limited in compliance with SEBI regulations.
03Aug 25
Quadrant Televentures Faces Second Asset Sale Notice Under SARFAESI Act
Quadrant Televentures Limited (QTL) has received a second notice for the sale of secured assets under the SARFAESI Act, 2002. The notice, dated August 2, 2025, gives the company 30 days before proceeding with the asset sale. This follows a previous notice from February 11, 2025, indicating ongoing financial challenges. QTL has informed the Bombay Stock Exchange of this development as per regulatory requirements.