Sebi ordered attachment of properties, luxury cars and jewellery of Pancard Clubs to recover dues worth Rs 7,035 cr in a case related to illegal fund raising.
Looking to recover over Rs 7,000 crore of investors' money, Sebi will next month auction 24 properties of Pancard Clubs and its late chairman and MD.
Sebi said it has not called for any claim application in illegal money-pooling case and warned a trust against collecting such applications from investors.
Sebi has lined up as many as 11 properties of Pancard Clubs and its late CMD for an online auction next month at a total reserve price of Rs 253 crore.
Total reserve price of these properties is pegged at Rs 270.51 crore.
IDEA
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Mint Reports
BAJAJ ELECTRICALS
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
FORTIS HEALTHCARE
Board Meeting On April 19 To Consider Various Bids Received
FEDERAL-MOGUL GOETZE
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
SOBHA
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment
@BTVI