Compuage Infocom Limited — Others, 07-02-2025: Corporate Insolvency Resolution Process

Compuage Infocom Limited, under the Corporate Insolvency Resolution Process (CIRP), has initiated its 3rd e-auction for inventory sale. This process, approved by the Committee of Creditors, is set to take place on an "as is where is" basis. The sale notice was published in major newspapers, with the auction scheduled for March 3, 2025, from 11:00 AM to 1:00 PM. The reserve price for the inventory is set at ₹23.31 crore, with an earnest money deposit of ₹2.33 crore. This auction could offer strategic opportunities for investors, depending on the interest it generates and the potential recovery for creditors.