Essel, Videocon DTH merger in legal dispute over pledged shares

[Sarkar]

A merger between the DTH arms of Videocon NSE 4.76 % and Essel groups, which took place in March 2018, is now the subject of a legal dispute in the Delhi High Court.
In a case filed on 31 August of 2018 a Videocon group company has claimed that Essel group unlawfully invoked pledges on certain Videocon D2H shares that were
placed in their custody.

Essel, Videocon DTH merger in legal dispute over pledged shares

 

[Basil]

Shares of Zee have fallen today after this report.BSE has sought an explaination from Essel group on this report.

Essel Group Link Emerges to Company Being Probed for Suspect Demonetisation Deposits

 

[Basil]

https://twitter.com/x/status/1088813951872307200

Zee Entertainment stock hits 44-month low, cracks 26% amid hefty volumes

 

[Sarkar]

so after D2H purchase they are doing more loss ?

 

[Amit1079]

It was there mistake
He said above in article
Now It's our mistake
We believed them and stayed with them till now

Still time is there let them sale to Mukesh or nagpal
We r for sale let them hang a banner

 

[Sarkar]

It was there mistake
He said above in article
Now It's our mistake
We believed them and stayed with them till now

Still time is there let them sale to Mukesh or nagpal
We r for sale let them hang a banner

Nagpal is happy with his own business which is giving them decent profit and i don't think Mukesh sees DTH as an future otherwise he would have bought anil's DH business