Subrata Roy's personal assets are around Rs 3 crore only: Sahara Group

By Religare
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    In a shocking revelation, Sahara Group claimed that the worth of its chief, Subrata Roy was about Rs 3 crore only.

    The Roy ked group is facing a possibility of sale of assets by Sebi to generate money for Rs 24,000-crore investor refund. Earlier, Sebi had summoned the Sahara group chairman, along with three other top executives - Vandana Bhargava, R S Dubey and Ashok Roy Choudhury.

    According to reports, the group said, while listing out the details presented before Sebi, "Subrata Roy's personal assets were around Rs 3 crore only." Sebi was looking to finalise the list of their and the two Sahara companies' assets that could be sold to realise funds to be returned to the investors.


    Two Sahara companies, SIRECL and SHICL, have been ordered by the Supreme Court to refund over Rs 24,000 crore raised from more than three crore bondholders.

    Read more about: sahara
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more