👥 HR & Workplace🇮🇳 India
SEBI Takes Sahara OFCD Case to Supreme Court After Managers Win Relief
Mint·Sunday, 14 June 2026
SEBI has moved the Supreme Court challenging relief granted to managers of a Sahara Group entity in a case involving Optionally Fully Convertible Debentures. The tribunal had found that the entity raised around ₹14,106 crore from nearly 1.98 crore investors through these instruments. SEBI is contesting the decision to provide relief to those managers.
Why It Matters
This case involves nearly 2 crore ordinary Indian investors who put money into these debentures. The outcome could affect how much accountability financial market managers face when investors are harmed.
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