Refund for Sahara India: There is a demand for money that has been held by Sahara investors for a long time. In response, investors and employees staged a protest march in Jaipur.
Refund for Sahara India: If your money has been stuck in Sahara India for a long time, you should take note of this information. Thousands of people’s funds are trapped in Sahara India. The government is also attempting to recoup the funds lost by the investors. According to Sahara India’s clarification, the company has deposited 25 billion rupees in investor funds with the Securities and Exchange Board of India (SEBI).
Investors and employees staged a protest.
In Jaipur, a large number of people, including investors and employees of Sahara India Pariwar, marched and protested against SEBI’s withholding of Rs 25 thousand crores from Sahara. Among investors and employees, there was resentment toward SEBI. According to a statement, protesters led by BJP MP Dr. Kirori Lal Meena marched from Bassi Chowk to the SEBI regional office and handed over a memorandum requesting immediate action to a SEBI official.
In 9 years, 125 crores were returned.
According to the memorandum, Sahara India has deposited over 25 billion rupees with SEBI with the intention of returning the money to its investors with interest. SEBI has also admitted in the Lok Sabha that it has informed investors four times through advertisements in regional and national newspapers, and has returned Rs 125 crore to investors in the last nine years.
‘The issue will be discussed at various levels.’
‘Sebi has withheld Rs 25 thousand crores from Sahara and has done nothing in the last nine years,’ Dr Meena said. This money is not only robbing crores of investors of their hard-earned money, but it is also harming Sahara’s 14 lakh employees. He stated that if SEBI does not act quickly to resolve the issue, the matter will be taken up at various levels of government. ‘I will discuss this with the Finance Minister and the Prime Minister,’ he said.
The data of investors is not traceable.
It’s worth noting that Sahara India had previously communicated via advertisements in various newspapers. Sahara accused SEBI of holding Rs 25,000 crore in investor funds in this advertisement. In the letter, Sahara stated that she (Sahara) is also suffering from SEBI. We are told to flee, but we are restrained. SEBI also stated that investor information is not traced in the documents and records.
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