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Tag "Essel Group"

Essel Group’s lenders extend debt repayment timeline

Essel Group’s lenders extend debt repayment timeline

🕔12:19, 26.Sep 2019

Mumbai, Sep 26  Cash-strapped Essel Group on Wednesday said that its lenders have agreed to extend the timeline for loan repayment by the company. In a statement here, the Essel Group said that its lenders have extended “complete support” to the

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Essel Group completes 1st tranche of ZEEL stake sale

Essel Group completes 1st tranche of ZEEL stake sale

🕔12:20, 11.Sep 2019

New Delhi, Sep 11  The Subhash Chandra-led Essel Group said it has completed the first tranche of ZEE Entertainment Enterprises (ZEEL) stake sale to Invesco Oppenheimer Developing Markets Fund on Tuesday. The company had entered into an agreement to sell

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SEBI issues two show-cause notice to HDFC MF on Essels Group

SEBI issues two show-cause notice to HDFC MF on Essels Group

🕔09:56, 14.May 2019

Mumbai, May 14  Market regulator Securities and Exchange Board of India (SEBI) has issued two show-cause notices to HDFC MF on its inability to sell the pledged shares of Essel Group to repay investors. As per SEBI, there is no

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