Ponzi schemes findings trigger coordinated criminal and regulatory action against promoters for illegal deposit collection and unauthorized investment schemes.
SFIO concluded several group-run schemes were Ponzi schemes sustained by new subscriptions rather than investment income; found violations including illegal deposit collection and false statements under the Companies Act, unauthorized collective investment schemes subject to securities prosecution, breaches of the Prize Chits and Money Circulation Schemes (Banning) Act, and multiple IPC offences (conspiracy, cheating, misappropriation, falsification). SFIO is sharing its report and evidence with investigative and securities authorities to coordinate prosecutions.

Disinvestment of government shareholding in ONGC approved via Offer for Sale, broadening public ownership under SEBI rules.
The Cabinet Committee on Economic Affairs approved a disinvestment of five percent of paid up equity in ONGC to be executed from the Government of India's holding through the Offer for Sale mechanism in the domestic market, in accordance with the Government's disinvestment policy and Securities and Exchange Board of India rules, with the effect of broadening the company's shareholding base and reducing the Government's stake by the disinvested portion.

Disinvestment of government equity: offer for sale of paid-up shares to reduce central shareholding under SEBI rules.
Disinvestment of a portion of central government equity in Coal India Ltd. is approved to reduce government shareholding through an offer for sale of 10 percent of paid-up equity held by the Government, to be executed under the Government's disinvestment policy and in accordance with SEBI Rules and Regulations, with the aim of realising an optimum price.

Disinvestment of government equity via offer for sale to increase public shareholding and meet SCRR compliance.
Disinvestment of 11.36 percent of NHPC Ltd.'s paid-up equity will be effected by an Offer for Sale of shares through stock exchanges under applicable securities market rules, reducing Government shareholding and increasing public participation, thereby making NHPC compliant with revised Securities Contracts (Regulation) Rules public shareholding thresholds for listed central public sector enterprises.