Visaka Industries Announces Public Deposit Scheme; GHFL Holds E-Auction for Mortgaged Property
Visaka Industries Limited Launches Public Deposit Scheme
Visaka Industries Limited announced its Public Deposit Scheme through newspaper advertisements published on July 31, 2026. The scheme was advertised in Business Standards (in English) and Velugu (in Telugu).***
E-Auction Notice for Mortgaged Assets by Grihum Housing Finance Limited
Grihum Housing Finance Limited (GHFL) announced an e-auction sale of secured immovable assets on August 18, 2026. The properties are being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.The auction concerns properties mortgaged by Achanta Ravi and Achanta Sarojini Kumar (Borrower) and Sailaja (Co Borrower). The loan number is HL0005410000000.
Property Details and Auction Schedule
The sale notice provided the following details regarding the assets:| Detail | Specification |
|---|---|
| Total Dues | Rs. 2,445,486/- (Rupees Twenty Four Lakh Forty Five Thousand Four Hundred Eighty Six Only) along with interest |
| Property Description | An undivided and unspecified share of land measuring 25.02 Sq.Yards or 20.91 Sq.Mtrs out of 201.66 Sq.Yards, including common areas and balconies, and an 80 Sft car parking in the Stilt floor of Flat No.302, Second Floor of Sri Vignesha Arcade, located in Plot No.230, Vedurawada Village, Anakapalli District. |
| Auction Date | August 18, 2026 |
| Reserve Price (RP) | Rs. 1,250,000/- (Rupees Twelve Lacs Fifty Thousand Only) |
| Earnest Money Deposit (EMD) | Rs. 125,000/- (Rupees One Lakh Twenty Five Thousand Only), which is 10% of the RP |
Prospective bidders were advised to visit the Secured Creditor Branch and the auction properties for an inspection. The property inspection was scheduled for August 10, 2026, from 11 AM to 4 PM. Bidders are required to submit the EMD by NEFT/RTGS/DD on August 17, 2026.
VISAKAIND Stock Price Movement
Today, Visaka Industries Limited shares rallied strongly, closing at ₹85.34 after gaining 4.89%. The stock maintained stability within an intraday range of ₹81.00 to ₹86.69, with a total traded volume of 471,462 shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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