INDOBORAX NSE filing

INDOBORAX: Bank of Baroda E-Auction for Properties on April 6, 2026

The RealCase readLow impact Neutral

Bank of Baroda will auction properties on April 6, 2026, under SARFAESI Act. Properties are in Mumbai, Raigad, and Thane. Reserve prices and EMDs vary, with some properties having reserve prices of ₹8,30,000 and ₹27,50,000. Bids close on April 27 and April 24, 2026.

Why it matters

This announcement pertains to a property auction by a bank and is not directly related to Indo Borax & Chemicals Limited's operational or financial activities. Therefore, the impact is considered low.

The market read

The announcement is a routine public notice about an e-auction of properties by Bank of Baroda, which does not directly impact Indo Borax & Chemicals Limited's core business operations or financial performance.

Bank of Baroda is conducting an e-auction for the sale of properties on April 6, 2026. The auction is being held under the SARFAESI Act, 2002, as per the provisions of Rule 8(6) and 9(1) of the Security Interest (Enforcement) Rules, 2002. The properties are located in various districts, including Mumbai, Raigad, and Thane.

The auction will include residential and commercial properties. Key details such as the reserve price, earnest money deposit (EMD), and the last date for submitting bids are provided for each property. For instance, one property in Mumbai has a reserve price of ₹8,30,000/- and an EMD of ₹83,000/-. Another property in Thane has a reserve price of ₹27,50,000.00 and an EMD of ₹2,75,000.00.

Interested bidders can view the detailed terms and conditions on the Bank of Baroda website (www.canarabank.com) or the e-auction portal (https://baanknet.in). The last date for submitting bids is April 27, 2026, for some properties and April 24, 2026, for others, with the auction concluding by 5:00 PM IST on these dates. For further inquiries, contact details for the authorized officers are provided.

Filing to action

What to do with a filing like this

Indo Borax & Chemicals Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Indo Borax & Chemicals Limited. Read the original for the full detail.

View original filing