Exposure of mutual funds to Essel group firms

By Morningstar Analysts |  28-01-19 | 
 

The shares of Essel Group companies have come under massive selling pressure.

Chairman Subhash Chandra stated that they have "arrived at an understanding" with the lenders, which are having pledge on shares held by the promoters, not to be declared defaulter following any steep fall in share prices of listed entities such as Zee Entertainment and Dish TV.

Morningstar's research team pulled out the exposure of mutual funds to the group companies.

ZEE 1

ZEE2

ZEE3

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