The first five top of the line Santro DX cars, rolled out of its assembly lines, will be auctioned at a function in the capital and proceeds would be handed over to the Army, Navy and Airforce Wives Associations, a Hyundai release said today.

The auction proceeds will help to constitute a technical education fund to assist deserving dependent children of those defence personnel martyred in the war.

The auction will follow the public unveiling of the car at a celebratory event to be presided over by the Industry Minister Sikander Bakht and a host of dignitaries and celebrities, the release said.

Hyundai Motor India is a 100 per cent subsidiary of the 13.5 billion Hyundai Motor Company set up in 1967 as part of the Hyundai business group. HMC has presence in 168 countries across theworld.