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The 17 properties being auctioned include land parcels, storied buildings, flats, and a commercial space situated across West Bengal, , securities and exchange board of india, sebi

17 properties will be auctioned belonging to seven business groups including MPS Group, Tower Infotech, and Vibgyor Group with a total reserve price of Rs 51 crore

Inviting bids, Sebi said auction of the properties will be conducted through online mode between 11 am and 1 pm.

The total reserve price of the SEBI auction, involving six companies, on March 3 is ₹91 crore.

Sebi says in a notice that these companies had raised funds from investors without complying with regulatory norms , , sebi regulations

Get latest articles and stories on Latest News at LatestLY. Sebi on Tuesday said it will auction 22 properties belonging to companies of MPS Group, Tower Infotech and four others on March 3 for a reserve price totalling Rs 91 crore in a bid to recover investors money. Latest News | Sebi to Auction Properties of MPS Group Firms, 5 Others on Mar 3 to Recover Investors Money.

Sebi to auction properties of MPS group firms, 4 others to recover investors' money

The CBI (Central Bureau of Investigation), on Wednesday, filed the additional chargesheet against the founder-director of ‘Prayag Group of Companies’ — Swapna Bakshi over charges of misappropriation...

The Central Bureau of Investigation (CBI) has filed a supplementary Charge sheet before a Guwahati court against Founder Director of Assam-based Prayag Group of companies, Swapna Bagchi in connection with the chit fund scam.