Essel Group w/ assets of $20 Billion own 25% of SMB OUR HISTORY
Essel Group ME was founded in 2012 by Managing Director Gagan Goel and Chief Executive Officer Punkaj Gupta. The company enjoys strong support and backing from its parent company, Essel Group, the Indian conglomerate. Essel Group has net assets worth in excess of $20bn and a track record of success across a variety of industries since it was founded in 1926.
2016
June – Essel Group ME formally launches its natural resources sub-divisions: Unisol Petroleum, Unisol Potash and Unisol Mining.
April – Essel Group ME invests in Simba Energy Inc. through a private placement. Simba Energy Inc. appoints Gagan Goel as Vice-Chairman and Punkaj Gupta as Chief Executive Officer.
2015
December – Essel Group ME enters into a definitive farm out agreement with Simba Energy Inc. for exploration interests in a number of oil & gas PSCs in sub-Saharan Africa.
May – Essel Group ME acquires the exploration licenses for the Agameda, Gedem, Defere and Tereshi iron ore mines in Eritrea.
May – Essel Group ME acquires the exploration license for the Bada potash mine in Eritrea.
March – Essel Group ME forms Gee Square Holding SRL, the Supplies and Logistics Division of EGME.
2012
Essel Group ME started an Agriculture Park in Juba, South Sudan.
Essel Group ME Established Food Security Park in Juba, South Sudan.
Essel Group ME founded.