Insolvency and Bankruptcy Board of India

Land with building and factory shed with structure and brick walls, office building, staff quarters etc.

Sale of the Business of the Corporate Debtor as a Going Concern under regulation 32(f) of IBBI (Liquidation Process) Regulations, 2016

Assets of the Corporate Debtor proposed for sale into 4 parcels which are as below - Category A - Parcel 1- Company as a Going Concern, having reserve price of INR 321.09 Crores with EMD amount of INR 1 Crore Category B - Parcel 2 - Phase I of the Company as a going Concern, having reserve price of INR 132.21 Crores with EMD amount of INR 0.25 Crores Category B - Parcel 3 - Assets of Phase II as a Parcel, having reserve price of INR 56.03 Crores with EMD amount of INR 0.25 Crores Category B - Parcel 4 – Assets of Phase III as a Parcel, having reserve price of INR 119.89 with EMD amount of INR 0.50 Crores Assets like cash available in the Company, Fixed Deposit, receivables from DISCOMs (<90 days), the unbilled revenue, amount receivable from ongoing litigation (TRA and Contempt) are excluded from the Process and the same shall be distributed among the Stakeholders. In addition to above there are few assets which have been excluded from Parcel 3 and 4 and same shall be sold in next auction.

All the immovable and movable assets of the Corporate Debtor on standalone basis or a set of assets collectively including certain investments in Equity Shares

Freehold Agricultural Land admeasuring 2.25 hectare

Leasehold Industrial Land admeasuring about 1200 sq.mt.

Land & Building (Area 67.56 acres)

Land & Building (Area 15.21 acres)

Land & Building (Area 52.35 acres)

Land & Building (Area 38.33 acres)

Land & Building (Area 14.02 acres)

Sale of corporate debtor as a going concern in its totality (Under Regulation 32(e) of Liquidation Regulations)