Sterling Biotech liquidator invites fresh bids to attract more buyers
The liquidator of Gujarat-based Sterling Biotech, which owes more than INR 8,100 crore to lenders, has called for fresh bids to sell the company as a going concern at a reserve price in the vicinity of INR 550 crore.Interested parties can submit bids until November 5. The e-auction is scheduled for December 10.
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