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Subhash Chandra 'may borrow ₹2-4 crore from family' for investment in start-ups; he owes creditors crores of rupees

Mint 1d ago·29 Aug 2026, 12:11 pm

Subhash Chandra, the founder of Zee Entertainment Enterprises, is reportedly planning to raise ₹2-4 crore from his family to invest in start-ups. This move comes shortly after the National Company Law Tribunal (NCLT) approved his ₹6.5 crore repayment plan to resolve a massive insolvency dispute involving over ₹22,000 crore in claims.

This development is significant as it signals the founder's intent to re-enter the investment landscape. For investors, it highlights a potential shift in his focus from the company's core business to external ventures. The move also raises questions about how the founder's personal financial activities might impact the management and strategic direction of the listed entity.

Investors should monitor the execution of the NCLT-approved repayment plan and any further updates on the founder's new investment activities. The success of these new ventures and the founder's ability to manage his personal liabilities will be key factors to watch.

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  • Concerns S Chand & Company (SCHAND).
  • Category: Company.

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