Sebi to auction Tower Infotech’s properties next month

To get money with regard to settlement to traders, markets regulator Sebi may the following month do an auction regarding about three properties involving Western side Bengal-based Structure Infotech Limited, that have received income via illegal pooling techniques.

The Securities and also Exchange Panel asia (Sebi) features started the procedure available involving property associated with Tower Infotech Limited, as per an investment through Calcutta Substantial The courtroom, under which your market can be performed available with the corporation’s assets.

In the discover, the capital marketplaces watchdog declared that the selling associated with Tower Infotech’s 3 qualities is going to be performed upon October 4, before the Large Court docket.

The actual sale can be conducted through bodily public sale and the components couldn’t survive marketed under the arrange price repaired.

The actual attributes listed on the market consists of fabled properties along with a property Derivatives lot within Kolkata which has a book cost of adding up to Rs A few.Only two crore.

Possible consumers happen to be inspired to send applications and also a transaction on an volume similar to 10 % from the hold price while earnest cash by March Three. These attributes might be checked out in the course of October 26-27.

A year ago, Sebi got performed antique dealer for a land parcel involving Structure Infotech. Within This year, the particular regulator got sold their several components.

Sebi to auction Tower Infotech’s properties next month

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s