Vishwaraj Sugar Industries Ltd to participate in public auction to acquire assets

The Board of Directors of Vishwaraj Sugar Industries Ltd in its meeting held on March 9, 2022 have considered and approved for the participation in the public auction invited by The Belagavi District Central Co-Op Bank Limited for sale of the fixed and moveable assets of Shri Shivsagar Sugars and Agro Products Limited, Udupudi, Taluka Ramdurg, District Belgaum.

The Belagavi District Central Co-Op Bank Limited and the Vijayapura District Central Co-Op Bank Limited, have advanced Term Loans which have become overdue and a decree has been obtained by the said Banks for the sale by way of public auction of the fixed and movable assets of the said Company. The date fixed for participating in the auction is March 16, 2022, at 12:30 pm.

Source : Equity Bulls

Keywords

VishwarajSugarIndustries PublicAuction Assets