State Bank of India Machinary Auction in Moovendhar Nagar, Chennai

The property consists of machinery, specifically two units of 42 KW Electrical Furnaces with double circuit panel boards, belonging to M/s. Sree Annai Castings. The machinery is classified under the asset category of Scrap, Plant & Machinery and is situated in Moovendhar Nagar, Chennai, Tamil Nadu.

This is a SARFAESI auction conducted by the State Bank of India for the sale of machinery. The machinery includes two units of 42 KW Electrical Furnaces with double circuit panel boards. The assets are currently located at Emerald Parking Yard Private Limited, Iyyappanthangal, Mettu Road, Moovendhar Nagar, Kattupakkam, Chennai-600077. The auction has a reserve price of INR 500,000.00 and an Earnest Money Deposit (EMD) of INR 50,000.00. The auction will take place on March 7, 2025, from 11:00 AM to 4:00 PM. The application submission deadline is March 6, 2025, by 5:00 PM. For inquiries, contact Smt. Meena Kumari P. at 9790960729.