Subhash Chandra Probing New Venture In Digital Video Space

Chairman, Essel Group, Dr. Subhash Chandra today issued a second Open Letter, in which he shared the details of the debt resolution process and the steps taken to pay off the lenders. Dr. Chandra revealed that over 91% of the debt has been settled to 43 lenders, and the remaining dues are in the process of being paid. In his first Open Letter issued on 25th January 2019, Dr. Chandra had apologized for the hardships faced by the lenders due to the liquidity crisis triggered by the IL&FS case and…

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