Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Lenders Sold Rs 600-Crore Zee Shares Pledged By Promoters In Two Months

Jun 11 2019, 2:24 AMJun 11 2019, 2:31 AMJune 11 2019, 2:24 AMJune 11 2019, 2:31 AM

Lenders to Essel Group sold Rs 600 crore worth of Zee Entertainment Enterprises Ltd.’s shares pledged as a collateral by Subhash Chandra-led promoters in April and May.While lenders had agreed to a...