Allcargo Gati Limited — Others, 29-05-2025: Copy of Newspaper Publication

Allcargo Gati Limited has announced a secured asset sale under the SARFAESI Act involving a residential property in Bhayandar, Thane West, with an outstanding loan of around Rs. 8.92 Cr. The bank has set a reserve price of Rs. 80.6 lakh, and bidders must provide a 10% earnest money deposit. The sale is on an “as is where is” basis, with payment terms and the bank retaining discretion over the auction process. This impacts shareholders by influencing the company’s asset recovery efforts and credit exposure.