Notice is hereby given to the public in general and in particular to the borrower(s) and guarantor(s) that the immovable property mortgaged/charged to the secured creditor, i.e. Indian Bank, has been taken under constructive possession by the Authorised Officer, I.P. Extension Branch, and will be sold through e-auction on “As is where is”, “As is what is” and “Whatever there is” basis. The e-auction is scheduled to be held on 13.07.2026 for recovery of an outstanding amount of Rs. 4,94,99,825.30/- plus Rs. 12,80,024.53/- from the borrowers M/s New Rikshu Industries and its proprietors/guarantors. Property Details: Plot No. 285, HSIDC, Phase-I, Sector 38, Industrial Estate, Rai, Sonipat, Haryana Auction Details: Reserve Price: Rs. 292.00 Lakh Earnest Money Deposit (EMD): Rs. 29.20 Lakh Bid Increment: Rs. 0.25 Lakh Property ID: IDIB7857932755 The e-auction will be conducted through the portal https://baanknet.com via PSB Alliance Pvt. Ltd. Bidders are advised to complete registration and EMD submission within the prescribed timeline. Technical assistance and registration support are available at 8291220220 and support email provided on the auction portal. Interested bidders may visit the portal for detailed terms and conditions, property photographs, and participation guidelines. Contact Persons: Mr. Varun Kumar (Authorised Officer) Mr. Ankit Singh (Branch Manager) Place: Delhi Date: 24.06.2026 Authorised Officer For Indian Bank