Sebi is going to auction six properties of HBN Dairies & Allied Ltd next month, for a reserve price of Rs.154 crore.

In a notice SEBI stated that, it has involved SBI Capital Markets to help it for sale of the properties of HBN Dairies and its directors. The auction of the properties will be done on August 16 at a reserve price of Rs.154 crore and includes a shopping mall cum multiplex, hotel and commercial plot in Punjab.

Further it stated that, sale or auction will be via online bidding and bidders can participate in the e-auction from anywhere.

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