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SEBI to auction properties of Sunheaven Agro on January 18
Sunheaven Agro had garnered funds from more than 7,700 investors through issuance of redeemable preference shares without complying with public issue norms.
PTI
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Markets regulator Sebi will auction properties of Sunheaven Agro India Ltd on January 18 at a reserve price of Rs 9.4 crore in order to recover investors money.
Sunheaven Agro had garnered funds from more than 7,700 investors through issuance of redeemable preference shares without complying with public issue norms.
In a notice on Sunday, the Securities and Exchange Board of India (Sebi) said it will auction two properties of the company at a reserve price of Rs 9.4 crore. The auction will be conducted online on January 18, 2021 between 10:30 am to 11:30 am. ....

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