More trouble for Subrata Roy after brother resigns from Sahara

March 16, 2015 22:07

Sahara Housingfina Corp promoter director Joy Broto Roy, brother of the group's jailed chief Subrata Roy, has resigned from the directorship of the company. No reason was given for his resignation.

Sahara group entities control over 71 per cent of the listed company. The group has been trying to raise funds for months to secure release of its chief Subrata Roy, as also that of two other senior officials, from Tihar jail in New Delhi, where they have been lodged for one year.

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