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AK Capital Services LtdImportant, 21-08-2026: Company Update

21-08-2026 | 06:12 pm

Authum Investment & Infrastructure is conducting an e-auction of a mortgaged flat in Mumbai to recover a defaulted loan. The total outstanding amount on the loan is ₹21.96 Crore. The company has set a reserve price of ₹6.55 Crore for the e-auction, which is scheduled for September 11. This proactive step highlights Authum's ongoing efforts in asset recovery, signaling a strategic focus on strengthening its financial position by addressing non-performing assets. Interested bidders must submit an Earnest Money Deposit of ₹65.50 Lakh.

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