Sale of assets and equipment

Sale of assets and equipment

Sale of assets and equipment

Plot nos. 532 & 533/ MIGH-II, Sai Ramana Towers, situated at KPHB Colony, Kukatpally Village and Municipality, Balanagar Mandal, Ranga Reddy District, Hyderabad- 500 072, Telangana.

The Liquidator in Consultation with the Committee members has proposed to sale the assets of the Corporate Debtor

Not readily realisable assets - Assignment or Transfer of proceedings of Avoidance transactions / PUFE matters under Section 43/ 45/ 49 / 66 of the IBC, 2016 (The amount involved to the extent of Rs. 107 Crores)

Liquidation as A Slump Sale Consisting of Land & Building, Plant & Machinery and Financial Assets & Securities: E – Auction - 19-09-2025 from 3.00 p.m. to 4.00 p.m. with unlimited extension of five minutes. Land &Building Approx. 42,200 Sq meters Land Village Lahe, Survey no. 208, 302 & 303, Nr. Vikas industries, Mumbai – Agra National highway, Taluka Shahapur, Dist Thane, MH Industrial Building of R.C.C. & A.C. Shed type approx. Area 2974 Sq. Mtr. & Plant & Machinery And Financial Assets & Securities : For assets description refers to E Auction Document on E-AUCTION website i.e. https://ibbi.baanknet.com/eauction-ibbi/home Auction id - 1479 or through E mail: dpsampat@sampatassociates.in & ip.generalcpl@gmail.com

Land and Building; Plant and Machinery

Land and building located at Industrial Plot No. 2253-2257, Sector 38, Phase II, HSIIDC Industrial Estate, Food Park, Rai, Sonipat, Haryana, measuring 20,250 sq meters

Sale the assets in parcels of the Corporate Debtor as per Regulation 32(d) of IBBI (Liquidation Process) Regulations, 2016. Securities or Financial Assets of the Corporate Debtor as on 31.03.2023 (except the Cash and Bank Balance) as per detail attached. Investments: 3,19,80,000/- Trade Receivables: 28,94,37,608/- Short term Loan and Advances: 62,45,10,780/- Other Current Asset: 15,55,13,000/-

Sale of the Corporate Debtor as a going concern (including all its assets and liabilities but excluding Cash and bank Balance and the recovery out of Section 66 applications of avoidance transactions pending before the Hon’ble NCLT) as per Regulation 32(e) of IBBI (Liquidation Process) Regulations, 2016.

Immovable Properties (Land and Building), Securities Financial Assets consisting of Trade Receivables, Loans and Advances (Assets) and Other Receivables

Industrial Land & Building

Land and Building including Vacant and Under Construction Land, Movable Assets

Plot without ETP includes building existing on plot no 1B with 2,700.00 SQ.M./ 29,052.00 SQ. FT and existing plot 1 C with 15,152.00 SQ.M./ 1,63,036.00 SQ.FT. on lease from Parvati Co- Operative Industrial Estate. Thus total area of Asset Block of land with building is 17,852 SQ.M. / 1,92,088 square feet. The land includes Building admeasuring approximate built-up area of 46,246.50 Sq. Ft. (This block has land and building other than ETP)

Land And Building and Plant and Machinery