Sahara India Refund Status 2022: Money of many investors across the country is stuck in Sahara India. If you also have money in Sahara India then there is good news for you. The government has told that now when will the investors get their money.
Sahara India Investor’s Refund Status 2022: If you are also troubled by getting money stuck in Sahara India then there is good news for you. Actually, the government has come into action regarding the refund of Sahara India. Many big actions have also been taken by the government. Markets regulator SEBI has also imposed a hefty fine of Rs 12 crore on two companies of Sahara Group, Subrata Roy and three others. Earlier, information was given by the government that when the investors of Sahara India will get the money back.
Government gave information
Giving information about Sahara India, the government said that so far SEBI has been able to refund only Rs 138.07 crore including interest to the investors of Sahara. Sahara India Real Estate Corporation Limited (SIRECL) collected Rs 19400.87 crore from 232.85 lakh investors and Sahara Housing Investment Corporation Ltd. collected Rs 6380.50 crore from 75.14 lakh investors. That is, even now crores of rupees of investors are trapped.
How many refunds have you received so far?
The Supreme Court ordered on August 31, 2012, after which Sahara India has deposited Rs 15,503.69 crore in ‘SEBI-Sahara Refund’ account till December 31, 2021, against the principal amount of Rs 25,781.37 crore deposited from investors. According to the information given by the Minister of State for Finance, SEBI has received 19,644 applications related to 53,642 original bond certificates / pass books for a total principal amount of Rs 81.70 crore. Of these, SEBI has refunded 48,326 original bond certificates/passbooks to 17,526 eligible bondholders totaling Rs 138.07 crore.
When will investors get their money?
Responding to the query of when the investors of Sahara India will get their money back, the Finance Ministry said that the Securities and Exchange Board of India has issued orders relating to two special Sahara companies namely Sahara India Real Estate Corporation Limited and Sahara Housing Investment Corporation Limited. Huh. Apart from this, the government said that the rest of the applications were not traceable in the documents and data given by either SIRECL and SHICL, after which the questions asked by SEBI were closed due to no response from the bondholders. Went.
