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In a significant development, Zee Entertainment Enterprises Ltd. (ZEEL) shareholders have rejected the resolution to reappoint Punit Goenka as a director on the company’s board.
Stay updated with the latest news and articles about Punit Goenka.
 
                  
In a significant development, Zee Entertainment Enterprises Ltd. (ZEEL) shareholders have rejected the resolution to reappoint Punit Goenka as a director on the company’s board.
 
                  
 
                  
There are still questions surrounding the proposed $10 billion merger between ZEE and Sony's India division
 
                  
SEBI filed a 197 page affidavit before SAT on June 17 explaining the urgent action against Subash Chandra and Punit Goenka.
 
                  
SEBI took action against Chandra and Goenka for alleged mishandling of Zee limited funds which was challenged by the individuals in the tribunal citing the absence of a show cause notice and violation of principal of natural justice.
 
                  
 
                  
Axis Finance, a subsidiary of Axis Bank has sent a legal notice to promoters of Zee Entertainment over non-repayment of loans worth ₹146 crore.
 
                  
ZEE entertainment will hold shareholders stake of 47.07 percent, on the other hand, a 52.93 percent stake in the merged entity will be held by Sony Pictures Networks.
 
                  
The respective shareholders, Invesco Developing Markets Fund and OFI Global China Fund LLC constitute up to 18 percent share rate in Goenka-led company.
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