Subhash Chandra

Chandra’s comments came in an over 90 minute long call with analysts and investors, which the company said is part of its strategy to improve corporate governance and outreach to shareholders. 

Proxy advisory firms ask Zee shareholders to vote against warrant issuance to promoters

The planned allotment will increase the shareholding of chief executive officer Punit Goenka and family to 18.39 percent from 3.99 percent

SEBI rejects ZEEL's, Punit Goenka's settlement applications; to probe further

The panel of Whole-time Members of SEBI rejected the applications filed by both, and also referred the matter to SEBI for further investigation.

No action on summons against Subhash Chandra for 3 weeks in fund diversion case: Sebi to HC

Chandra had filed a petition earlier this month challenging the summons and had sought for it to be quashed.

Indiabulls revives personal insolvency plea against Zee's Subhash Chandra at NCLT

IBHF argued the case for over an hour at the National Company Law Tribunal (NCLT) on February 28. The case is likely to be heard again on March 4.

Zee constitutes panel to examine allegations levelled against company

The panel headed by Justice (retd) Satish Chandra, will present a detailed report to the company's board, advising it on the future course of action

Zee says it is not aware of any proposals regarding promoter stake hike

In response to a story published by Moneycontrol, stock exchanges had sought a clarification from the company.

NCLAT closes Subhash Chandra's appeal against Indiabulls Housing Finance

The appeal was closed as Indiabulls and Vivek Infracon, the company for which Chandra had stood personal guarantee for a loan of Rs 170 crore from Indiabulls, settled their dispute

SAT defers hearing on Subhash Chandra, Punit Goenka's plea to June 27

On June 19, the counsel for Zee Entertainment Enterprises said the market regulator had no evidence beyond the bank statements to prove the allegations of round-tripping of funds and that Sebi cannot pass an ex-parte order.

Legal experts divided over SEBI action on ZEEL promoters

On June 12, the market regulator banned Subhash Chandra and Punit Goenka from holding directorial, KMP positions

Zee shares recover, but speculation continues over company's merger with Sony

If the merger is called off, which is a low probability event, there could be a downside potential for the stock in the range of 15-20%, says Elara Securities. Zee Enterprises is likely to file an appeal with the Securities Appellate Tribunal, contesting the Sebi order.

Sebi bars Subhash Chandra, Punit Goenka from holding directorial, key managerial roles

The market regulator has passed an interim order after finding that funds were siphoned off from listed entity.

Lalit Modi's enduring legacy: IPL, and cricket’s changing economy

Why the Indian Premier League is unlike anything Indian cricket has seen - on or off the field.

Rajya Sabha poll results | What was expected and what transpired

Of the 16 Rajya Sabha seats for which the voting was held on June 10, the BJP won eight and the Congress five. The Nationalist Congress Party (NCP) and Shiv Sena got one seat each while the BJP-JJP-backed media baron Kartikeya Sharma won one seat.

'Resort politics’ returns ahead of crucial Rajya Sabha elections on June 10

The Congress and the BJP are camping their MLAs in resorts to prevent them being poached. Elections to 57 Rajya Sabha seats, across 15 states and Union territories, were scheduled for June 10. Since 41 candidates have already been elected unopposed, polls will be held only for 16 seats now.

The confusing position of the chairman emeritus 

Investors don't mind retiring promoters staying on as a chairman emeritus but are drawing the line at paying hefty fees for an extra-constitutional position

Sony-Zee deal a bonanza for Zee shareholders, but block deals before announcement need to be probed 

The deal was there on the table in 2019 but the promoters decided to go with Invesco, as it would have given them the freedom to operate. But now that Invesco was threatening their freedom, Subhash Chandra and family had little option but to go back to Sony. 

Zee Entertainment: Is shareholder activism really going up?

The cases are getting more high profile, but there is a lot of distance still to be covered

Opinion | As investors fight back, Indian promoters are feeling the heat

Large shareholders seeking greater accountability from promoters and the management of their investee companies and not loath to eject them from their positions in case they don’t see commensurate returns on their investments

Jawahar Goel offers Dish TV shares to save Essel Group’s Subhash Chandra

Jawahar Goel, who is the brother of Essel Group promoter Subhash Chandra, now owns 30.37 percent shares in DTH entertainment service provider Dish TV

US hedge fund asks Subhash Chandra to exit Zee Learn: Report

Moon Capital Management has asked for a seat on the company’s board citing concerns over group debt, corporate governance and strategy

Essel Group stake sale in Zee: Will it release logjam for MFs?

In September, Essel group had made a part payment to the tune of Rs 2,300 crore to some mutual funds when they sold a 11 percent stake

Is Subhash Chandra’s stake reduction good news for Zee shareholders?

The financial soap opera is airing its last episodes

Essel Mutual Fund's CIO Viral Berawala resigns; Saravana Kumar to take over

Essel Group is facing a cash crunch and is looking to sell most of its assets to reduce debt on its books.

Road ahead for Subhash Chandra's Essel Group fraught with uncertainties

A rating agency in 2018 had said that Essel Group’s financial stress is undeniable and that it may be running out of shares to pledge.