The e-auction to sell Eurotas Infrastructure Limited (EIL), currently under liquidation, has been relaunched after the earlier notice dated July 22, 2025, was withdrawn. The fresh e-auction, scheduled for August 28, 2025, will offer the company on a going concern basis or allow the sale of its movable assets on a collective basis.
As per the latest sale notice issued by the liquidator, Huzefa Fakhri Sitabkhan, the sale will be conducted via the IBBI-approved e-auction portal https://ibbi.baanknet.com, between 2:00 pm and 3:00 pm.
The key assets of EIL include:
- 36.37 hectares of sub-leasehold land in Additional Sinnar Industrial Area, MIDC, Musalgaon, Sinnar, Nashik, Maharashtra
- An under-construction cement…