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Sahara properties’ sale: SC seeks govt, Sebi replies
Mint Mumbai
|October 15, 2025
The Supreme Court on Tuesday asked the Union government and markets regulator Securities and Exchange Board of India (Sebi) to respond to a plea by Sahara India Commercial Corporation Ltd (SICCL) seeking approval to sell 88 properties to Adani Properties Pvt. Ltd to raise funds to repay investors.
A special bench led by Chief Justice B.R. Gavai, comprising Justices Surya Kant and M.M. Sundresh, directed Sahara to implead finance and corporate affairs ministries in the case.
This story is from the October 15, 2025 edition of Mint Mumbai.
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