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Will do my best to repay each and every person: Subhash Chandra apologizes to creditor

Megha Jain

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Image Credit: Wikimedia Common

Hours after Zee Entertainment Enterprises shares plunged 33% intraday to hit the 44-month low of Rs 288.95, Zee and Essel Group chairman Subhash Chandra issued a public apology to his creditors. In an open letter, Chandra blamed certain negative forces for attacking the share price. I will try to repay the entire dues. But if the lenders react in a panic situation, it will hurt them and us, he added.