""Besides, it is imperative to understand that almost entire majority of Sahara investors (including the remaining 5 per cent investors) reside in the remote parts of rural India and are mostly illiterate or barely literate. "Citing the Supreme Court order that Sebi can take help of Sahara for verification of investors, the group said, "It is not possible to reach out to these small investors and Sahara is always ready to assist Sebi in reaching out to the aforesaid investors. "As far as Sahara is concerned, we have a decent amount of money but not many claimants. "The entire desire of ours is to distribute as much money as possible," Raman had said. NEW DELHI: Hitting back at Sebi , embattled Sahara group today said issuance of advertisements would not help the regulator reach out to the investors spread across remote parts of the country and offered its help in verifying 95 per cent bondholders it claims to have already refunded.

Source: Economic Times August 05, 2016 12:56 UTC