Subhash Chandra "very much in Mumbai": Punit Goenka

Published: Sep 30, 2019, 09:37 IST | ANI | Mumbai

The Essel Group chairman’s son responded amid rumours of Chandra leaving the country

Essel Group chairman Subhash Chandra. Pic/ANI
Essel Group chairman Subhash Chandra. Pic/ANI

Mumbai: Multifaceted business conglomerate Essel Group's chairman Subhash Chandra has not left the country and is "very much in Mumbai" at his home, said his son Punit Goenka on Sunday.

Amid rumours doing rounds about Chandra leaving the country, Goenka on Sunday took to Twitter to clarify that his father is in Mumbai while asking "mischief makers" to focus on positive things in life.

In another tweet, Goenka slammed the gossipmongers and asked them to focus on the positive things in life

Chandra also shared a photograph on the micro-blogging site on Sunday.

"My Sambabdhi Pawan Jain was one of many to visit my Mumbai residence for giving wishes for my eye surgery. Thanks to all visitors," he tweeted.

In late January, Essel Group had reached an agreement with the lenders on servicing its debt.

Earlier, the group's stocks had crashed by one-third following which Chandra blamed aggressive bets on infra plays, which spun out of control after the IL&FS crisis and acquisition of Videocon's D2H business.

He also blamed some negative forces for sabotaging his efforts to raise money through a strategic sale in the flagship company Zee Entertainment Enterprises.

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