SEBI auction 26 February HBN diary features; ensure that the reserve price is 83 rupees

New Delhi, SEBI, the capital market regulatory agency on January 29th (PTI), will auction at the price of 26 HBN diaries and Allied LTD BleakFebruary 830 million.

This is part of the efforts of market supervision agencies to raise funds raised by illegal collective investment plans.

The command was the asset of HBN Dairies & Allied LTD (HBN) in its command on May 14, 2024, and sold HBN Dairies & Allied LTD (HBN) assets under the active participation of liquidants.

The Indian Securities and Exchange Commission (SEBI) launched the asset sales process after HBN and his director Harmender Singh Sran, Amandeep Singh Sran, Manjeet Kaur Sran and Jasbeer Kaur-failing to refund the investors’ money.

SEBI said in a notice on January 22 that the property under the hammer includes land, land parcels and commercial stores.

These properties are located in New Delhi, Gujarat, Mahara Shitra, Punjab, Central Bang and China, and CHHATTISGARH. Bleak83.26 million.

Regulatory agencies added that Quikr Realty has been hired by SEBI to assist them in electronic auction, and C1 India has been appointed as an electronic auction service provider.

According to the notice, SEBI stated that the bidder should conduct independent inquiries on the property rights, litigation, attachments and acquisitions of the property before bidding.

The regulatory agency pointed out: “Sales or auctions should be bidded online. Bidders can participate in electronic auctions from anywhere.”

Market regulatory agencies invite bids to sell real estate in the recovery procedures for HBN Dairies & Allied LTD and its directors.

SEBI said the auction will be carried out online from 11 am to 1 pm on February 27th.

The company’s illegal mobilization BleakThrough the plan to buy cattle, it received $ 113.6 billion from investors who were susceptible to deceived, and obtained huge returns from the sale of butter.

Through obsessed with these practices, HBN dairy products and allies violated regulatory specifications.

SEBI auctioned eight properties of HBN Dairies & Allied LTD in August last year.