Company Overview of Essel Group
Essel Group, a conglomerate company, engages in the businesses of media, technology, entertainment, packaging, infrastructure, education, and precious metals. Its activities include producing and aggregating Hindi programming; operating news and regional entertainment channels; owning DNA, an English language newspaper; providing direct to home entertainment; providing cable services in India; creating animations in short and long formats; providing Internet data center and managed hosting services; operating screens; providing online gaming services; operating a chain of commercial and housing complexes, construction business, and multiplex cinema-cum-family activity centers; owning and ope...
135 Continental Building
Dr. Annie Besant Road
Mumbai, 400 018
Founded in 1976
Key Executives for Essel Group
Promoter and Vice Chairman
Promoter and Vice Chairman
Chief Executive Officer of Distribution Businesses
Compensation as of Fiscal Year 2013.
Essel Group Key Developments
Essel Group Presents at Citi India Investor Conference 2014, Feb-14-2014
Feb 8 14
Essel Group Presents at Citi India Investor Conference 2014, Feb-14-2014 . Venue: Trident Hotel, Bandra Kurla, Mumbai, Maharashtra, India.
Essel To Acquire NBFC
Feb 7 14
Essel Group is planning to acquire a non-banking financial company (NBFC) to scale up its activity in financial services. Amitabh Chaturvedi, managing Director of Essel Finance said the company would pick up stake in a non-banking finance entity (about 26%) and later on, the Essel Group will raise the stake to 51% through fresh capital infusion.
Essel Group & Shyam Telecom Reportedly Put Essel Shyam Communication On Block
Jun 10 13
The promoters of Essel Shyam Communication Ltd., a joint venture between the Essel Group and Shyam Telecom Limited (BSE:517411), are exploring strategic options, including selling a majority stake in Essel Shyam, said multiple sources aware of the matter. Essel Shyam has already mandated its advisors to scout for potential partners. Several PE buyout funds and MNC satellite operators have already been sounded out even though it is still early days of negotiations. Sources said Nasdaq listed diversified giant Liberty Media Corporation (NasdaqGS:LMCA) along with specialised PE players like Providence Equity Partners LLC could be potential suitors for Essel Shyam. M.N.Vyas, Chief Executive Officer of Essel Shyam told Economic Times, "As a company we are always looking for growth opportunities or partnerships. After the recent FDI relaxation, there is a lot of interest from strategic and PE players." When asked specifically on a potential stake sale, M.N.Vyas added, I am not aware of the developments. That's a shareholder decision." "We are always looking at liquidity options. At an appropriate time we would either list the company or bring in strategic players. We are not married to the business. But these are futuristic possibilities. Today, the market conditions are such that we may not get the best price just yet," said a senior official of one of the shareholders on condition of anonymity, as the discussions are still in private domain.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|