SEBI initiates e-auction for 4.94-acre Lucknow property of Life Care Infratech Ltd to recover dues under Recovery Certificates.
Property has reserve price of ₹15.55 crore with ₹1.55 crore EMD required; auction scheduled for August 31, 2026.
Sale is on 'as is where is' basis with all encumbrances; successful bidder must pay 25% within 48 hours and balance within 15 days.
Adroit Technical Services appointed as e-auction provider; bidding open until August 25, 2026 with auto time extension feature.