Sahara India Real Estate Corporation

  • Rs 55 cr and counting: SEBI's expense bill to Sahara 07-04-2013 03:17 PM

    New Delhi: Market regulator SEBI has incurred initial costs of more than Rs 55 crore in its humongous task of facilitating Rs 24,000-crore refund to bondholders of two Sahara firms after verifying their credentials and Saharas would have to clear all these bills. The final expense bill of the Securities...
  • Sahara group moves SC against SAT order 30-11-2012 06:26 PM

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  • SEBI files contempt plea against Sahara in SC 03-11-2012 04:02 PM

    New Delhi: Market regulator SEBI on Friday filed a contempt petition against the Sahara Group in the Supreme Court for not complying with its directions relating to refund of about Rs 24,000 crore by its two firms to their investors. The petition by SEBI said the two firms, Sahara India...
  • SC asks Sahara to refund Rs 24,000 cr to investors 31-08-2012 11:05 AM

    New Delhi: In a major setback to the Sahara Group, the Supreme Court has directed Sahara to deposit over Rs 24,000 crore that it had collected through OFCD (optionally fully convertible debentures) with PSU banks. The court has granted Sahara India Real Estate Corporation and Sahara Housing Investment Corporation three...
  • SC allows SEBI to seek info from Sahara firms 04-01-2011 01:58 PM

    New Delhi: The Supreme Court on Tuesday said SEBI was entitled to seek all necessary information from two Sahara group firms on how resources were being raised but refused to stay the companies' ongoing fund-mopping exercise. The apex court was hearing market regulator's petition against an Allahabad High Court order...