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Essel Group, (also known as Zee Group) is an Indian multinational conglomerate holding company and corporate promoter headquartered in Mumbai, Maharashtra, India. The company has had business interests in mass media , infrastructure and packaging .
3 days ago · To secure a ₹65-crore loan, SGRL had given an undertaking to Industrial Finance Corporation of India (IFCI) that it would maintain its own excess shares besides those of Zee Media, Zee Entertainment (both promoted by Essel Group) and Dish TV India (which is under Chandra's younger brother) to the extent of ₹32.50 crore. The outstanding dues include a principal amount of ₹65 crore along with accumulated interest of ₹27 crore up to October 14, 2021.
Essel Group is a diversified business house with interests in media, packaging, entertainment, technology, infrastructure and education. Founded in 1976, it has a workforce of 8,000 and operates worldwide.
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Other companies in the Essel Family are…. Essel Thermoware (P) Limited. Arham Mangal Limited. Arham Sourcing (P) Limited. Essel Kitchenware Limited. Essel Polypack (P) Limited. SL Polypack (P) Limited.
Aug 31, 2023 · In a significant development, Subhash Chandra-led Essel Group companies have come to an agreement to settle their debt with JC Flowers Asset Reconstruction Company (ARC), two people aware of the matter told CNBC-TV18.
Essel Group operates as a conglomerate company. The Company focuses in the businesses of media, technology, entertainment, packaging, infrastructure, education, and precious metals.
Jan 26, 2024 · The Enforcement Directorate (ED) on Thursday said it conducted search operations on companies of Essel Group in Mumbai and recovered "incriminating" documents as part of its ongoing money laundering investigation linked to the alleged diversion of funds worth over Rs 2,000 crore from Religare Finvest Limited (RFL).
