Zeel Stake Sale
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Global Players Invest In Zee Entertainment; Issue Oversubscribed: Report
Earlier this year, Essel Group had sold up to 11 per cent in Zee Entertainment to Invesco Oppenheimer Developing Markets Fund for Rs 4,224 crore.
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Zee Entertainment Shares Zoom As Promoters Sell Stake
ZEEL's promoter Essel Group had announced post market closing on Wednesday that it was looking to sell up to 16.5% stake to repay loan obligations to certain lenders of the group. Prior to Wednesday's announcement, Mr Chandra's Essel Group companies held a 22.37 per cent promoter stake in Zee.
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Global Players Invest In Zee Entertainment; Issue Oversubscribed: Report
Earlier this year, Essel Group had sold up to 11 per cent in Zee Entertainment to Invesco Oppenheimer Developing Markets Fund for Rs 4,224 crore.
-
Zee Entertainment Shares Zoom As Promoters Sell Stake
ZEEL's promoter Essel Group had announced post market closing on Wednesday that it was looking to sell up to 16.5% stake to repay loan obligations to certain lenders of the group. Prior to Wednesday's announcement, Mr Chandra's Essel Group companies held a 22.37 per cent promoter stake in Zee.
