Insolvency and Bankruptcy Board of India

Immovable properties and Plant & Machinery

Sale of Corporate Debtor as going concern as per Regulation 32(e) of IBBI (Liquidation Process) Regulations, 2016, along with all its assets [including land and building, plant and machinery and financial assets (excluding Cash & Bank Balance)].

Lot 1 - Industrial Land : Sale of Industrial Land and Factory Building

Lot 2 - Plant & Machineries : Sale of Plant and Machinery

Lot 3 - Combined Lot: Sale of Business of Corporate Debtor as going concern (which include industrial land and factory building bearing Gat No. 541 & 544 admeasuring 2071 Sq. mtr. is industrial land and Plant and Machinery)

Plant & Machinery & Inventory

Factory Land & Building

Securities and Financial Assets

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

Lot 2 Physical auction will be conducted on 19th July 2025 by Liquidator for Assignment of NRRA Assets viz., Investment in Associate Companies, vehicle, inventories, receivables from PSUs, fixed deposit against Bank guarantee amount under litigation, the realization from PUFE transaction case, Advance to associate concern which is under liquidation, amount of refund due from custom authorities, sales tax deposit, EMD with PSUs. EMD Rs.1,00.000/- (Rupees One Lakh only): Reserve sharing percentage Minimum 55% to SCC members and Reserve upfront payment minimum Rs.50 lakhs.

Asset A - Toyota Innova - KA-50Z-1511

Asset- B- Skoda Kodiaq Style - KA - 04MU- 2253

Asset C - Flats at Provident Housing Welworth City, Bangalore, Karnataka

Asset-D Flats at Shree Residency, Islampur, Maharashtra

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