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ESSAR'S HEL STAKE MAY LAND UP IN POLICY TANGLE (a mismatch of 5.8 percent stake in Essar holding).

India Business Insight

| July 25, 2006 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Analysts say that there appears to be a mismatch in the stake held by the Essar group in Hutchison-Essar Ltd (HEL). The group maintains that it holds 33.01 percent stake in HEL.

But a look at HEL's latest submissions to the Department of Telecommunications pegs the group holding through Essar …

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