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Rediff.com  » Business » Will Sahara be forced to sell some of its big assets?

Will Sahara be forced to sell some of its big assets?

March 08, 2014 08:09 IST

Image: Supporters of the Sahara group chairman Subrata Roy holds banners in the premises of the Supreme Court as Roy appeared in the court.
Photographs: Anindito Mukherjee/Reuters

In December, Sahara had given a list of assets to the Supreme Court. 

The list did not include certain high-profile hospitality assets abroad, bought using the optionally fully convertible debenture funds. 

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Will Sahara be forced to sell some of its big assets?


With Sebi insisting on getting cash payment of Rs 20,000 crore (Rs 200 billion) and interest, it might have to put some of these assets on sale.

Business Standard looks at the assets and their projected value.

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Will Sahara be forced to sell some of its big assets?


Sahara has assured that it will deposit a "substantial amount" out of Rs 20,000 cr of investors' money this month and the rest later.

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Tags: Sahara

Will Sahara be forced to sell some of its big assets?


The group has big properties across India.

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Tags: India

Will Sahara be forced to sell some of its big assets?


Meanwhile, Subrata Roy will remain in judicial custody. The Supreme Courts said it will hear Sahara's plea on police custody on Tuesday.

Source: source