Property Type:
Location:
Auction Date:Auction Details
Auction ID:599826
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹31,40,000
EMD:₹3,14,000
Service Provider:BAANKNET
Important Dates
Submission Date:31-10-2025 11:00 AM
Bid Start Date:31-10-2025 11:30 AM
Property Description
This auction features scrap, plant, and machinery assets from M/s. Springdale Co Tea Factory, located in Kotagiri, Nilgiris, Tamil Nadu. The assets are being auctioned by Canara Bank under SARFAESI regulations.
State:Tamil Nadu
City:Nilgiris
Area:Kotagiri
Asset Category:Scrap, Plant & Machinery
Auction Description
Canara Bank is conducting an online SARFAESI auction for scrap, plant, and machinery on October 31, 2025. The auction will commence at 11:30 AM and conclude at 12:30 PM. The reserve price for these assets is ₹31,40,000, with an EMD of ₹3,14,000 required to participate. This is a valuable opportunity to acquire industrial machinery.
Borrower Name:M/s. Springdale Co Tea Factory
Auction Type:SARFAESI Auction
Contact Details
Contact Authorised Officer (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584)
