Y
B a 3itm agier Bank of Baroda
Notification for Inviting Expression of Interest (EOI) for Sale of Financial Assets (Non-
Performing Accounts) to ARCs / NBi LEI
Bank of Baroda (BOB or the 'Bank’) intends to sell its identified Non Performing Assets (NPAs)/
Financial Assets only on cash basis, as per the list given here-in-below. However, please note
that the sale will be subject to final approval by the Competent Authority of the Bank.
Brief details of financial assets showcased
(Rupees in Crores)
Sr.no. | Zone Name Account Name ee
1 AHMEDABAD ZONE LAXMI COTTON INDUSTRIES 9.95
2 AHMEDABAD ZONE Dhanraj Trading 3.08
3 AHMEDABAD ZONE SAMOJ COTTON INDUSTRIES. 8.49
4 AHMEDABAD ZONE HANUMAN COTTON INDUSTRIES 8.07
5 AHMEDABAD ZONE BALAJ| COTTON INDUSTRIES 6.46
6 AHMEDABAD ZONE RANGOLI INDUSTRIES 5.68
- 7 AHMEDABAD ZONE Rangoli Oil Industries 0.64
8 BARODA ZONE PARDHAR REALTY AND ENTERPRISES: =
9 BENGALURU. CITIZEN CARS 6.67
10 BENGALURU ZONE LAVEN FASHIONS PVT LTD 827
" BENGALURU ZONE PINK ROSE LINGERIES PVT LTD 7.25
12 BENGALURU ZONE LAVEN RETAIL PRIVATE LTD 538
13, BHOPAL ZONE MAHAJYOTI FIBERS PVT LTD 7.88
14 BHOPAL ZONE BRK FOODS PVT LTD 5.74
16 CHANDIGARH ZONE | MULTIPLE APPARELS 8.64
16 CHENNAI ZONE REMANI THOMAS 7.45
7 CHENNAI ZONE ARJUN THOMAS 7.00
18 CHENNAI! ZONE SRI RAAM CHAMBER BRICK 5.60
prite Srey, 41-26, staat, erat ge ator, ast (3,), Yad - 400 051 41e0,
Baroda Corporate Centre, C-26, 'G-Blook, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, india.
‘ahr / Phone : 91 22 6698 5000,* trr/ Fax: 91 22 2662 9514.*
‘8a / Web : www.bankofbaroda.com
LaysB dt 3itm agigr Bank of Baroda
19 | CHENNAI ZONE Sri Ram Gas Agency 5.03
20 _| CHENNAI ZONE TTR Bricks az?
21 | CHENNAI ZONE SRI BRICKS 5.13
22 | CHENNAI ZONE SKP METALS 4
23 | HYDERABAD ZONE | HARSHITH EDUCTIONAL SOCIETY 630
24 | KOLKATA ZONE MAHESHWARI MULTIPLE MILLS PLTD ae
25 | KOLKATA ZONE DILIP POLYFAB PVT LTD ato
28 | KOLKATA ZONE SHIVAM MELTECH PRIVATE LIMITED 01
27 | KOLKATA ZONE MAINAK RICE MILL 6.00
28 | MUMBAI ZONE RATAN GLITTER INDUSTRIES LTD Ooi,
29 | MUMBAI ZONE NR CORPORATION aps
30 | MUMBAI ZONE MONTAGE PROMOTERS PVT LTD 018
31 | MUMBAI ZONE SARVOM STEELS P LTD 917
32 | MUMBAI ZONE MS WOOD PRODUCTS 94
33 | MUMBAI ZONE ROLSON SYNTHETICS PRIVATE LTD. 8.08
34 | MUMBAI ZONE CONSOLIDATED DYNAMICS P LTD 158
35 | MUMBAI ZONE GOODSPOT TRADING COPVT LTD 6.86
36 | MUMBAI ZONE ROLSON INTERNATIONAL 6st
37 | MUMBAI ZONE LK INDUSTRIES PVT LTD 638
38 | MUMBAI ZONE CLEAN AIR PROJECTS INDIA PVT LTD ext
“30 | MUMBAI ZONE ANUBHAV IRON SHEET TRADERS agi,
40 | MUMBAI ZONE APOLLO PRODUCT IMPEX PVT LTD ett
41 | MUMBAI ZONE HYPNOTIK CLOTHING PVT LIMITED BOM.
42 | MUMBAI ZONE MAHALAXMI TRANSPORT 5.07
43. | NEW DELHI ZONE SPENTEX INDUSTRIES LIMITED 772
Wz,
‘ra/ Phone : 91 22 6698 5000, * thew / Fax: 91 22 2652 3514,*
arate Bee, &-26, oi-aits, wer gat ated, ara (1), et - 400 054.4.
a Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, India,
of
‘ta / Web ; www.bankofvaroda.com
a4B ie 3iim agicr Bank of Baroda
44 | NEW DELHI ZONE SK TRADING CO 5)
48 | PATNA ZONE BIMALDEEP STEEL PVT LTD om
46 | PATNA ZONE NK UNITECH PVT LTD 766
47 | PATNA ZONE NABA METALS PVT LIMITED id
48 | PATNA ZONE DP RESOURCES PVT LTD 574
| PATNAZONE eal ‘STEELS PRIVATE =
50 | PUNE ZONE SAHYADRI AGRO INDUSTRIES a
51 | PUNE ZONE GUPTA METALLICS AND POWER LTD. as
52 | PUNE ZONE KDELITE FOODS LIMITED 756
53 | PUNE ZONE VINAY STEEL, 8.68
54 | PUNE ZONE BABA NANAK SARS INFRASTRUCTURE 796
55 | PUNE ZONE IWS AGROW FOODS 785
56 | PUNE ZONE JOGMA LAMINATE INDUSTRIES PVTLTD | 564
57 | RAJKOT ZONE SARDAR COTTON 973
68 | RAJKOT ZONE PITRUKRUPA COTTON INDUSTRIES 869
59 | RAJKOT ZONE SHRINATH4I SPINTEX PVT LTD 708
ai RAIKGraOnE Ban GINNING & PRESSING -
61 | RAJKOT ZONE DIVYA COTTON 5.72
62 | RAJKOT ZONE VARDHMAN VITRIFIED PVT LTD ie
63 | MUMBAI ZONE ARZOO ENTERPRISES 1008
64 | CHENNAI ZONE SRI RAM BUS SERVICES axa
Total a4.
Besides the amount outstanding under any disbursed loans, Bank shall notify the Purchaser details
of any un-devolved LCs/ BGs yet to be invoked/ instalments of DPGs, which are not yet due, in
respect of the NPA accounts being offered for sale by the Bank. The Bank shall retain pari-passu
charge on the securities relating to un-crystallized non-funded facilities. In case of crystallization of
on-funded facilities after the sale, that portion (converted into funded) will also be sold by the Bank
rpher ariite 384
Baroda Corporate Centre, C-26, G-Block,
8-28, Sts, we gal tora, aro (G,), Fak - 400 051.9.
= Lang sara Kurla Complex, Bandra (E), Mumbai - 400 051, indie.
‘ra/ Phone : 91 22 6698 5000, * tee / Fax: 91 22 2652 3514," #4/ Web : www.bankofbaroda.comB de 3itm agicr “Bank of Baroda
to the same ARC/ Buyer who will give acceptance for the same through offer letter/ supplementary
agreement/ assignment agreement. However, the un-devolved LC and un-invoked BG limits backed
by 100% margin by way of FDs will not be offered for sale to ARCs, ete.
2 The interested ARCs/ Banks/ NBFCs/ Fis can conduct due diligence of these assets from
19.08.2019 on any working day during office hours, after executing a Non-Disclosure
Agreement (NDA) with the Bank, ARCs/ Banks/ NBFCs/ Fis may carry out due diligence
after getting authorization letter from our office. Respective branches will facilitate in carrying
of due diligence.
3. Forthis purpose, ‘Expression of Interest’ (EOI) is invited from the interested ‘buyers’ of these
assets. ‘EO!’ will comprise of ‘Indicative Price’ at which the buyer would intend to buy
the asset and likely terms & conditions, if any, of the settlement including the
tentative period of settlement etc.
4, The interested entities may contact the Bank (as per details given heré-in-below) for
necessary details of the accounts for the purpose of due diligence on these accounts. The
related information may be obtained after having Non-Disclosure Agreement (NDA) with the
Bank
The details of contact person are -
- VK Khandelwal, DGM, NPA Recovery Tel - 02266985890 / 9825753250
- Nirmal D Patel , NPA Recovery Tel. 022-66985047 / 9137665372
- Parag Khandelwal, Manager, Recovery. Tel, 022 66985132 / 8879636952
Baroda Corporate Centre, Mumbai.
5. ‘EOP comprising of ‘indicative Price’ are to be submitted by 16" September 2019,
addressed to “Head NPA (Recovery), Bank of Baroda, Baroda Corporate Centre,
Mumbai, and may be emailed on the following e-mail id —
sales recovery. be
6 After receipt of EOls from the intending buyers, wherever required, the Bank will go for e-
auction of the asset by fixing ‘Minimum Reserve Price’. The sale will be subject to final
approval by the Competent Authority of the Bank. However, the Bank reserves the right not
to.go ahead with the proposed sale at any stage without assigning any reason. The decision
of the Bank in this regard shall be final and binding.
4 a
(WK Khandelwal)
Dy. General Manager, Recovery, BCC, Mumbai.
Pate 16” August 2019 A of 4
ee
Baroda Corporate Centre, C-26, ‘G-Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, India.
‘wit/ Phone :91 22 6698 5000, shaw / Fax: 91 22 2652 3614,* 84 / Web : wwe bankofbaroda.com