Monday, September 2, 2019

SEBI says Rs 106 cr refunded to Sahara investors; co wants #39;idle#39; money back

SEBI says Rs 106 cr refunded to Sahara investors; co wants #39;idle#39; money back Sahara group said this only validates its long-maintained stand that more than 95 per cent investors were already repaid directly by it and the money deposited by it with Sebi for refunds amounted to #39;double payment#39;. The group said the #39;idle#39; money lying with Sebi should be returned to it so that it can use the same for business expansion and for creating jobs.

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