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Sebi to auction 28 properties of 5 companies next month
Hindustan Times Rajasthan
|December 24, 2024
Capital markets regulator Sebi will auction 28 properties of five companies, including Bishal Group and Sumangal Industries, on January 27, to recover money illegally collected from investors by these companies.
NEW DELHI:
The properties will be auctioned for a reserve price of Rs 28.66 crore.
Ravi Kiran Realty India, Mangalam Agro Products, and Purusattam Infotech Industries are the other companies, whose properties will be auctioned.
The properties that will go under the hammer include flats, residential property and flats, land parcels, plots, and land with building structures located in West Bengal and Odisha.
These properties will be auctioned at a reserve price of ₹28.66 crore, according to a notice issued by the Securities and Exchange Board of India (SEBI) on December 19.
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