Sebi to auction HBN Dairies properties, fixes reserve price at Rs 67.70 crore

Sebi will auction HBN Dairies' assets valued at Rs 67.70 crore next month to recover funds from illicit schemes. Supreme Court authorised the sale following directors' failure to refund investors. Properties include mall, hotel, and plots across multiple states. Quikr Realty and C1 India to assist in online auction. Bidders advised to research property details before bidding. Auction to take place on August 13. HBN Dairies raised Rs 1,136 crore through illegal investment schemes.