SC order effect: It is 'maha-sale' at Sahara Q shop godown

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Published on: 7 April 2016 7:35 AM GMT
SC order effect: It is maha-sale at Sahara Q shop godown
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Lucknow: Days after the Supreme Court ordered Security Exchange Board of India (SEBI) to sell the properties of Sahara group, consumer goods stored at the 'Sahara Q godown' at the Bakshi ka Talab area, about 25 kilometres from the district headquarters of Lucknow in Uttar Pradesh, have been sold at throwaway prices.

This was confirmed by the caretaker of the godown when the newztrack.com team enquired about reports that there was another such 'sale' in the offing. The godown at Bakshi ka Talab was locked when the newztrack.com team visited it.

Sahara-product

Goods at throwaway prices:

People in large numbers started reaching the godown of Sahara Q after they came to know that goods were being sold at throwaway prices.

Branded readymade suits costing Rs 2000 were sold at a meagre price of Rs 200 while electronic and home appliances were given away dirt cheap.

People from across the district were still reaching the godown but have to return empty-handed.

Godown being emptied:

A resident of Deorai Kala village, where the godown is situated, told the newztrack.com team that some businessman had purchased bulk of the items and the godown was virtually emptied in the last 15 days.

The goods:

From electronic items like LED, refrigerators, coolers to branded clothes and many other items were stored at the godown.

Sahara Q shop:

The Sahara India Pariwar launched its retail chain ‘Sahara Q shop’ on Pan India module on April 1, 2013. It also holds a Guinness world record for opening maximum number of stores (315) in a single day.

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