10 Mar 2026 | 5 Mins Read
Sahara Group to refund Rs 14,106 crore as SAT upholds SEBI order
Flipitmoney
The Securities Appellate Tribunal (SAT) upheld a SEBI order directing Sahara India Commercial Corporation Ltd to refund about Rs 14,106 crore raised through optionally fully convertible debentures from nearly 2 crore investors, ruling it constituted a public issue in violation of securities laws, rejecting Sahara's claims of private placement, repayment, and jurisdictional issues.