Authum Investment & Infrastructure is conducting an e-auction of a mortgaged flat in Mumbai to recover a defaulted loan.

The total outstanding amount on the loan is ₹21.96 Crore.

The company has set a reserve price of ₹6.55 Crore for the e-auction, which is scheduled for September 11. This proactive step highlights Authum's ongoing efforts in asset recovery, signaling a strategic focus on strengthening its financial position by addressing non-performing assets.

Interested bidders must submit an Earnest Money Deposit of ₹65.50 Lakh.