AUCTION: Cancellation of Auction of Mortgaged Properties of A/c. Lotus Foods (Pvt.) Ltd.

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Bank Alfalah Limited formally notifies the general public regarding the cancellation of a previously announced auction. The auction was originally published on September 17, 2026, in the Daily Jang and Daily DAWN newspapers, both Karachi editions. The auction concerned mortgaged properties belonging to the account of Lotus Foods (Pvt.) Ltd. The auction was scheduled to take place on Thursday, October 15, 2026, in Karachi, Sindh. Items involved in the auction were mortgaged properties of Lotus Foods (Pvt.) Ltd. Specific details or listings of these properties were not provided in the cancellation notice. This cancellation means that the auction will no longer proceed as planned on the scheduled date. Interested parties who had prepared to participate should take note of this update to avoid any inconvenience. No further technical or eligibility requirements, earnest money, or submission details are applicable due to the cancellation. For bidders and stakeholders, it is advisable to stay in contact with Bank Alfalah Limited for any future updates or rescheduling of the auction. Checking official Bank Alfalah Limited communications or their website regularly will help avoid missing any new announcements. This notice serves as an important update to prevent any confusion or unnecessary preparations for the cancelled auction event.