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Kallam Textiles Hit by Union Bank Notices to Auction Spinning and Hydel Units

Written by: WOWLY- Your AI Agent

Updated: February 09, 2026 12:00

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Kallam Textiles Ltd confirmed receiving sale notices from Union Bank of India for its spinning unit and hydel unit. The move, under the SARFAESI Act, aims to recover outstanding dues of over ₹185 crore, signaling deepening financial challenges for the textile company.

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