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View Topic Sebi announces most astounding bidders for Pancard Clubs View Topic     Direct Link To This Post  Posted : 13 Dec 2018 - 09:41 AM

Markets controller Sebi Wednesday announced the most elevated bidders for four properties having a place with Pancard Clubs for a joined offer estimation of over Rs 54 crore, as a component of its endeavors to recuperate speculators' cash.

The properties incorporate office spaces in Mumbai rural region, a retreat in Udaipur and a lodging in Thane, the Securities and Exchange Board of India (Sebi) said in independent interchanges.

The e-closeout of these properties occurred Wednesday.

Pranay Hospitality has been proclaimed as the most elevated bidder for the inn in Thane with an offer measure of Rs 43.8 crore. Tower Construction has risen as the most astounding bidder for the hotel in Udaipur with an offer measure of Rs 7.48 crore. See pan card online application

For office spaces in Mumbai and Navi Mumbai, the controller reported that Orachard Acres, with an offer measure of Rs 2.43 crore, and Zindus Infra India, with an offer estimation of Rs 47.41 lakh, were the most elevated bidders individually.

The controller has been unloading the advantages of Pancard Clubs, which had assembled Rs 7,035 crore from 51,55,516 financial specialists from 2002-03 to 2013-14 through illicit aggregate venture plans.

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