Sahara India Group: Rs1.12 Lakh Crore of 129.6mn Investors Remains 'Stuck', Says Govt
Nearly 130mn (million) investors have investments of over Rs1.12 lakh crore 'stuck' in six companies of the Sahara group. Market regulator Securities and Exchange Board of India (SEBI) has been facilitating the repayment of principal and interest to the investors who invested in optionally fully convertible debentures (OFCDs) of Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL), the Union government told the Lok Sabha.
Please click here to read more.
MoneyLife.in, 4 August, 2022, https://www.moneylife.in/article/sahara-india-group-rs112-lakh-crore-of-1296mn-investors-remains-stuck-says-govt/67977.html?fbclid=IwAR1LbuqyTEbqnH0Lcf5u3F8DnWr0wZoJbWYb-7OpFjseGA_nPU3AfAA_RgI