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Exclusive: Essel Group mulls public issue for infra business

Subhash Chandra-promoted Essel Group is planning to take its infrastructure unit Essel Infraprojects Ltd public as a whole or divide it into segments as part of its strategy to create value, a top executive told VCCircle. Four of the group’s listed firms—Zee Media Corporation, Zee Entertainment Enterprises, Dish TV and SITI Cable Network Ltd—are part of its flagship media business. Listed firm Zee Learn Ltd, which runs a chain of K-12 schools, is also a part of the group. Listed multi system operator (MSO) SITI Cable Network Ltd, which was previously known as Wire and Wireless (India) Ltd, is also...

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