SEBI TO AUCTION SAHARA GROUP'S 13 MORE LAND PARCELS
Moving ahead with sale of Sahara assets to recover money, regulator Sebi on Wednesday lined up 13 land parcels of the beleaguered group for an e-auction next month at a total reserve price of about Rs 1,400 crore. This is in addition to 58 properties of the group that were scheduled to be auctioned in July and their combined reserve price was nearly Rs 5,000 crore. In separate notices today, the Securities and Exchange Board of India (Sebi) said HDFC Realty will auction seven properties on October 27 at a reserve price of more than Rs 710 crore, while SBI Caps will auction six properties on October 25 at a reserve price of over Rs 672 crore.