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Corporate

Sebi to auction 15 properties of five companies on Nov 19

Indian-GRAPEVINE-sebi-to-auction-15-properties-of-five-companies-on-nov-19

Published 28 Oct, 2024

By Staff Reporter


Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India on November 19.

The move is part of Sebi's efforts to recover money collected by these companies from investors in violation of norms.

Ravi Kiran Realty India and Purusattam Infotech Industries are the two other companies whose properties will be auctioned by the markets watchdog.



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