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OFCD tussle: Sahara admits to raising Rs 19000cr

In the SEBI-Sahara Optionally Fully Convertible Debentures (OFCD) tussle, Sahara admits to raising Rs 19,000 crore from over 1.21 crore investors. The MCA says, "Companies Act not in conflict of the SEBI Act. It only administers the section under it", reports CNBC-TV18's Tanvi Shukla.

first published: Sep 14, 2011 07:04 pm

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