Sahara's bid to sell Bank of China's loan faces Sebi hurdle

Written By Unknown on Rabu, 03 Desember 2014 | 08.11

Even as the Supreme Court grants its nod for sale of Sahara's domestic properties, the market regulator has thrown the spanner in the works with respect to Sahara's plans of raising funds through a fresh loan of Rs 3700 crore. Sebi hit out at the Parivar for resorting to complex transactions.

Even as the Supreme Court grants its nod for sale of Sahara's domestic properties, the market regulator has thrown the spanner in the works with respect to Sahara's plans of raising funds through a fresh loan of Rs 3700 crore. Sebi hit out at the Parivar for resorting to complex transactions and for not raising money through sale of overseas hotels, reports CNBC-TV18's Ashmit Kumar.


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