Sheraton Properties & Finance Ltd — Updates, 19-05-2025: Company Update

Sheraton Properties & Finance Ltd has announced a board meeting to consider the financial results for the quarter and half-year. Separately, Tata Capital Housing Finance Ltd is conducting e-auctions for multiple mortgaged residential flats in Thane with outstanding dues ranging from around Rs. 18.2 lakh to Rs. 1.46 Cr. The properties will be sold “as-is” to recover loans, with reserve prices set between Rs. 18.09 lakh and Rs. 60 lakh per flat. Public bids are invited through an online portal, and detailed auction terms are provided. This impacts investors by highlighting ongoing asset recoveries linked to the housing finance business.