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Sahara Housing Investment Corp Ltd

Sahara investors asked to submit claim

Sahara investors asked to submit claim
In a last-ditch effort to locate Sahara investors eligible for refunds, regulator Sebi has asked all such persons to submit their claims by next month, while the group claims to have returned the outstanding dues to almost all the concerned bondholders directly. Those having invested in various bonds issued by two Sahara firms, Sahara India [...] Continue Reading »

Sahara firm ignored norms to raise funds, SC told

Sahara firm ignored norms to raise funds, SC told
The Securities and Exchange Board of India (SEBI) told the Supreme Court that the Sahara firm had no right to mobilise Rs.27,000 crore from 30 million investors through debentures without adhering to the regulatory regime. The firm raised money without complying with the regulatory regime of the stock market and listing on the bourses, said [...] Continue Reading »



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