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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.
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