Essel Group Debt News

Companies

Essel group races to meet dues deadline

Fund houses appointed P.J. Nayak, former chairman of Axis Bank, as a mediator for talks with Essel groupThe sale of a minority stake in ZEEL to a financial investor will take care of the immediate debt owed to mutual funds and banks

2 min read11 Jun 2019
Companies

Essel Group in talks to raise $400 million to refinance debt

Essel Group has been looking to deleverage by selling stakes in various group businesses, including Zee, Essel Propack and Essel Infraprojects

2 min read10 Jan 2019

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