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After Subrata Roy arrest, Sahara Group shares drop

Mar 04 2014, 11:02 IST
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Shares in Sahara Housingfina Corp and Sahara One Media and Entertainment Ltd fall after Subrata Roy, head of Sahara conglomerate, turned himself in to police on Friday. (Ap) Shares in Sahara Housingfina Corp and Sahara One Media and Entertainment Ltd fall after Subrata Roy, head of Sahara conglomerate, turned himself in to police on Friday. (Ap)
SummaryWith Subrata Roy in custody, shares in Sahara Housing Fina Corp, Sahara One Media fall

Shares in Sahara Housing Fina Corporation Ltd and Sahara One Media and Entertainment Ltd fall after Subrata Roy, head of Sahara Group, turned himself in to police on Friday.

Supreme Court had last week ordered his arrest for failing to appear at a hearing in a long-running dispute with the country's securities regulator.

Sahara Group's non-banking finance arm, Sahara Housing Fina is down 3.5 percent, while Sahara One Media and Entertainment, which owns group television channels falls 0.2 percent.

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