Sale of the Corporate Debtor as a Going Concern as per Regulation 32(e) of the IBBI (Liquidation Process) Regulations, 2016.

Securities and Financial Assets

Plant & Machinery & Vehicle

Land & Building Plant & 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

Burgul unit has a whole

Immovable asset office space

Lot No. 1 : All the piece and parcel of industrial land & industrial buildings and Infrastructure (Road, compound wall etc.) on 10 acres 4 Guntas situated at Sy No. 200 Neelakantapuram village, Madakasira mandal, Ananthapura dist. Andhra Pradesh. and including entire Plant & Machinery, electrical fittings, all scrap and factory shed, fixtures in the premises whether attached to it or not. (Auction ID 893)

Lot No. 2: All the piece and parcel of the Industrial lands bearing Sy No. 34 and New Sy No.34/81, measuring 36 Guntas and survey No. 34 and New Sy No.34/82measuring 26 Guntas, totally measuring 1 Acre 22 Guntas (67,518.00 sq. ft.). Situated at Ramapalya village, Dasanapura Hobli, Bangalore. (Auction ID 894)

Lot No. 3: All the piece and parcel of the commercial converted land including buildings and Infrastructure (Road, compound wall etc) at plot measuring 34 Guntas (37206 sq. ft.) bearing survey No. 1/3 situated at Sheshagiri Rao Palya, Dasanapura Hobli, Bangalore. (Auction ID 895)

Company as a whole (as going concern) basis. Company has installed spinning capacity of 86560 spindles at 3 units at Makthal, Burgul and Rajapur and 4th Unit has installed capacity of 150 Lakhs Mts PA for fabric Mfg at Kucherkal. 3 Units are around 50 Km and 4th Unit is 150 Km from Hyderabad airport. Assets are at Telangana