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Nafed's windfall from Hussain paintings

Financial Express Chandigarh

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November 13, 2025

IN AN EARLIER auction in January 2023, a sprawling Lawrence Road property of the farmers federation, which specialises in oilseeds and pulses procurement on behalf of agriculture ministry, was sold by Nafed at ₹137.75 crore, whose proceeds as per the one time settlement (OTS), were paid to Central Bank Of India.

- (With inputs from Ivinder Gill)

With the sale of MF Hussain paintings and shops, Nafed has completed its obligation towards the OTS, the sources added.

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