Marathon Nextgen Realty Limited — Others, 12-11-2024: Copy of Newspaper Publication

The Cosmos Co-op Bank has scheduled an e-auction for the sale of immovable property located in Sindhudurga, Maharashtra, to recover outstanding dues totaling approximately ₹2.62 crore. The auction will take place on December 2, 2024, with inspection available prior to the event. Bidders must deposit an earnest money amount and are advised to conduct due diligence regarding the property's title and liabilities. This move reflects strategic efforts to strengthen the bank's financial position by recouping debts, which could enhance stability and reassure investors about the bank's asset management. Overall, this development may present a positive outlook for investor confidence in the bank’s operational efficiency.