Aveer Foods Ltd — Important, 16-08-2025: Company Update

PNB Housing Finance and Edelweiss Asset Reconstruction Company have announced e-auctions of multiple immovable properties due to borrowers defaulting on their loan repayments. These properties include flats, plots, and bungalows with reserve prices ranging from approximately 7.80 Lakhs to 47.47 Lakhs. The auctions aim to recover outstanding dues from the borrowers, which in some cases exceed 41 Lakhs. This initiative allows the companies to reduce their non-performing assets and provides an opportunity for potential buyers to acquire properties through a transparent bidding process.