Archive · 29 Sep 2025
Sahara Seeks Court Approval to Sell Assets to Adani
The Sahara Group wants to sell some of its properties, including Aamby Valley City, to Adani Properties.
They are asking the Supreme Court for permission to do this.
They plan to use the money to pay back investors.
So far, they have deposited ₹16,000 crore, but still owe about ₹24,030 crore.
The sale is happening because of legal obligations to investors.
The group hopes the court approves it quickly, especially after the death of Subrata Roy.
Sahara Group seeks Supreme Court approval to sell assets to Adani Properties.
The sale aims to raise funds for investor refunds.
Key assets include Aamby Valley City and Sahara Shaher.
The Supreme Court is expected to hear the application on October 14.
Funds from the sale would go to the SEBI-Sahara Refund Account.
- Who
- Sahara Group and Adani Properties
- What
- Sahara Group seeks Supreme Court approval to sell assets to Adani Properties
- When
- Hearing expected on October 14
- Where
- Supreme Court
- Why
- To raise funds for investor refunds
Sahara Group
Adani Properties
Sale Agreement
Sahara Group
Seeking court approval to sell properties per the terms outlined in the term sheet to expedite liabilities
Adani Properties
Did not respond to a questionnaire regarding the sale.
- Seller
- Sahara Group
- Buyer
- Adani Properties Pvt Ltd
- Properties Included
- Aamby Valley City, Sahara Shaher, Hotel Sahara Star, and other land parcels
- Sale Terms
- Term sheet dated September 6
- Funds Deposited
- ₹16,000 crore in SEBI-Sahara Refund Account
- Total Refund Amount
- ₹24,030 crore
- Hearing Date
- October 14
Sources
Sahara firm seeks SC nod for sale of group’s assets to Adani properties
Sahara firm seeks Supreme Court nod to sell key properties to Adani for investor payouts - Telegraph India
Sahara firm seeks SC nod for sale of group's assets to Adani properties
Sahara Group Seeks Court Nod To Sell Properties, Adani Likely Buyer For Multiple Assets Including Aamby Valley
Sahara Group seeks Supreme Court nod to sell key properties to Adani Group