Plant & Machinery for Auction in Salem – TIIC

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Not specified

Locality

—

City

Salem

State

Tamil Nadu

Address

I. NEEM Seed Processing Plant 1.Hot Water System for Evaporator with accessories: - 1 Set 2. Falling Film Evaporator system with accessories - 1 Set 3. Ethyl Acetate Recovery System with accessories - 1 Set 4. Cooling System for Distillation with accessories - 1 Set 5. Agitated Thin Film Dryer System with accessories - 1 Set 6. Chilling System for Evaporator with accessories - 1 Set 7. Utility System for Plant with accessories - 1 Set 8. Agitated Thin Film Evaporator System with accessories - 1 Set 9. Extraction system (Solid-liquid & Liquid-Liquid) - 1 Set 10.Formulation vessel with accessories - 1 Set 11. Hexane recover system with accessories - 1 Set II Steammax Boiler 1 TPH Boiler with accessories - 1 No III ETP/RO Plant -20 KLD ETP Plant and 10 KLD water softening Plant with accessories - 1 Set IV LAB Equipments with accessories - 1 Set V 250 KVA Generator set, KIRLOSKAR make diesel engine Model 6SL 1500TA G3 with standard control panel - 1 No VI) 22 KV Yard with full accessories and 22/kV/433V/500kVA Distribution Transformer with OLTC - 1 Set (Detailed description of machinery is available at our website www.tiic.org) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tamil Nadu Industrial Investment Corporation

Branch

The Tamilnadu Industrial Investment Corp. Ltd, Salem - BO

Auction type

Bank Auction

Borrower

M/s. K***** B** N*****

Auction start

18 Nov 2026, 11:00 AM

Auction end

18 Nov 2026, 01:00 PM

EMD submission deadline

17 Nov 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,00,000 before 17 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.