Explore Now
NEW DELHI: Markets regulator Sebi on Monday said it will auction a property of PVP Global Ventures at a reserve price of Rs 22.55 crore on May 12, to recover dues. The property to be put on sale is a vacant land situated in Telangana, the Securities and Exchange Board of India (Sebi) said in a notice. The said properties standing in the names of Arete Real Estate Developers Private Limited and Expressions Real Estates Private Limited were attached in the recovery proceedings, as offered by the said entities along with no objection for realization of the dues from Shri Prasad V Potluri and PVP Global Ventures Private Limited, through sale thereof, Sebi noted.