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Sony-ZEE Merger: Uncertainty looms over $10 billion merger as deadline nears
There are still questions surrounding the proposed $10 billion merger between ZEE and Sony's India division
Sony-Zee Merger expected to finalize in November despite regulatory challenges
The Sony Group Corp's India unit and Zee Entertainment Enterprises Limited (ZEEL) merger is anticipated to conclude their pending merger deal as early as November.
ZEE board establishes Interim Committee to oversee operations after Goenka’s suspension by SEBI
Goenka and his father Subhash Chandra were prohibited from having any significant managerial positions in any listed firms by a SEBI decision that was issued on June 12 due to suspicions of fund siphoning.
ZEE shareholders oppose appointment of independent director to board of directors
According to a filing with the exchange, the special resolution asking for her reappointment only obtained 42 percent of the vote in favor and 57.97 percent in opposition.
Punit Goenka, MD and CEO of Zee Entertainment Enterprises settles dispute with SEBI
The issue initially arose in September 2020, when ZEEL announced the launch of its Cinema 2 Home Service, ZEEPLEX.
Stocks to Watch: NDTV, IndiGo, SBI, Zee, Reliance, Axis Bank and more
Stocks to Watch today: The NDTV open offer will begin on October 17. Rakesh Gangwal, a co-promoter of IndiGo, is most likely to sell up to 2.8% of his investment on the open market.
ZEE shares rise 20 percent high after a merging deal with Sony Pictures India
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.
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