Sebi to auction properties of 7 business groups
June 01, 2023  16:17
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Markets regulator Sebi on Thursday said it will auction 17 properties belonging to seven business groups including MPS Group, Tower Infotech, and Vibgyor Group on June 28, with a total reserve price of Rs 51 crore, in a bid to recover investors' money. 

 Apart from these, the regulator has put on block properties of Prayag Group, Multipurpose BIOS India Group, Waris Finance International Group and Pailan Group of companies, the Securities and Exchange Board of India (Sebi) said in a notice. The 17 properties being auctioned include land parcels, storied buildings, flats, and a commercial space situated across West Bengal.
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