CCI approves Essel MF acquisition by Sachin Bansal's BAC under 'green channel'
In a tweet on Monday, the CCI said it has accorded 'green channel' approval for the acquisition of Essel Finance Asset Management Company and Essel Mutual Fund by Sachin Bansal-led BAC Acquisitions
No extra debt owed to VTB Capital against pledged shares, says Punit Goenka
ZEEL promoters had created an encumbrance on 10.2 crore shares, translating to a 10.7% stake held by promoter entity Essel Media Ventures Ltd, in favour of VTB Capital.Promoters of Essel Group have a debt of 11,000 crore. Essel Group firms together owe another 11,400 crore separately Essel Propack Ltd - 500135 - Announcement under Regulation 30 (LODR)-Credit Rating
Reaffirmation of credit rating for Bank Facilities and NCDs ESSEL PROPACK LTD. - 500135 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Amendment to Articles of Association Essel Propack Ltd - 500135 - Postal Ballot Results.
Declaration of result and voting on Postal Ballot Notice dated 22 August 2019. ESSEL PROPACK LTD. - 500135 - Closure of Trading Window
Intimation for closure of trading window. Essel Propack Ltd - 500135 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor meet on 30 September 2019.
Deals Buzz: Essel Group in talks with Adani to sell solar energy assets
In other news, financial services firm Vivriti Capital, which runs an online marketplace for mid-market corporates to raise debt, plans to raise 500 crore for a debt fund that will invest in companies in its marketplace Essel group promoters plan to sell non-media assets to repay debt
The move comes with the promoters getting the much-needed extension of up to six months to pay their dues from most of the mutual funds Essel Propack Ltd - 500135 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor call meet on 26 September 2019