Subhash Chandra, chairman of Zee Entertainment Enterprises Ltd., pauses during an interview in New York, U.S. (Photographer: Scott Eells/Bloomberg)
Four asset managers continue to own Essel Group’s debt backed by shares of Zee Entertainment Enterprises Ltd. after agreeing to give the promoters of the broadcaster up to six more months to repay.Aditya Birla Sun Life Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund and Franklin Templeton Mutual Fund together have close to Rs 1,735 crore worth of exposure secured by shares of Zee companies, according data provided by indu...