Moneycontrol PRO

business

Why was SEBI inactive over earlier OFCD issues? Asks Sahara

Sahara today disclosed that it wasn't the company's first time to raise funds via optionally fully convertible debentures (OFCD) route from the public. In a submission by Sahara, its counsel today raised the question of why SEBI was inactive over previous OFCD issues, reports CNBC-TV18's Tanvi Shukla.

first published: Sep 15, 2011 10:29 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347