ZEEL Sony Merger

ZEEL-Sony Merger Deal Gets NCLT's approval, All Objections Related To The Deal Dismissed By NCLT

Post-development, the stock of Zee Entertainment Enterprises (ZEEL) jumped 15 per cent to Rs 278.40 on the BSE.

Aug 10, 2023, 15:21 PM IST

Breaking News: NCLT approves ZEE-Sony merger, all objections related to the deal dismissed

ZEEL-SONY Merger: There is big news for two big groups of the country. The proposed merger with Zee Entertainment and Sony Pictures Networks India Private Limited has been approved by the NCLT.

Aug 10, 2023, 15:16 PM IST

Essel Group Chairman Dr Subhash Chandra's exclusive Interview: Reveals big plans of 1 bn Zee Digital users, 500 mn WION viewers; shares info on debt resolution, DISH TV-Yes Bank issue

In the interview Hon'ble Chairman of esteemed Essel Group and Rajya Sabha MP Dr Subhash Chandra spoke on a host of topics ranging from Zee Group's vision, Zee Media's future plans, ZEEL-SONY merger, info on debt resolution, DISH TV-Yes Bank issue and a lot more.

Mar 16, 2022, 09:37 AM IST

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Breaking News: ZEEL board approves merger with Sony Pictures

The merger between Zee Entertainment (ZEEL) and Sony Pictures has been approved by the board of ZEEL. The board has said that Sony will hold 50.86 percent stake in the merged entity.

Dec 22, 2021, 10:04 AM IST

Sony, ZEEL sign definitive agreements for merger; Punit Goenka will lead combined company as its MD & CEO

Under the terms of the definitive agreements, SPNI will have cash balance of USD $1.5 Bn (assuming an INR:USD exchange rate of 75:1) at closing, including through infusion by the current shareholders of SPNI and the promoters (founders) of ZEEL.

Dec 22, 2021, 08:56 AM IST

Zee Group founder Subhash Chandra says key investor wants to take over company

Invesco Developing Markets Fund and OFI Global China Fund LLC, which together account for 17.88% of Zee`s shares, want the company`s chief executive officer Goenka to go and the board revamped.

Oct 07, 2021, 14:12 PM IST

Invesco reeks of impropriety, is there a Chinese conspiracy against ZEEL-Sony mega-merger?

A recent fact-laden statement by Dr Subhash Chandra - Founder, Zee Entertainment Enterprises Limited, has posed some really tough questions for Invesco who is believed to be acting at someone's behest --pointing all fingers on China.

Oct 06, 2021, 14:07 PM IST

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Dr. Subhash Chandra asks Invesco tough questions about ZEEL-Sony deal

Invesco itself seems to be in a quandary in the case of Zee Entertainment. Because Invesco has no answer on whose behest it is working. After all, why is Invesco trying to obstruct a good deal? A statement of ZEEL's founder Dr. Subhash Chandra has also come out on this matter, listen to what he said in this video.

Oct 05, 2021, 18:02 PM IST

Invesco acting on whose behest? Dr Subhash Chandra's tough questions bound to make Invesco uncomfortable

Media reports have been falsely citing Invesco's version to take on ZEEL MD & CEO Punit Goenka, though everything seems fabricated as these reports have failed terribly in their mala fide attempt to malign the image of esteemed organisation - ZEEL and its MD & CEO Punit Goenka.

Oct 05, 2021, 16:54 PM IST

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Punit Goenka: After months of talks, the decision to merge ZEEL-Sony Pictures was taken

The Board of Directors of Zee Entertainment Enterprises Limited (ZEEL) has unanimously given in-principle approval for the merger between Sony Pictures Networks India (SPNI) and ZEEL. In an integral part of the proposed merger, Puneet Goenka will continue to be the Managing Director and CEO of the merged entity. Punit Goenka on this merger said that the decision to merge has not been taken immediately, but after months of talks.

Sep 22, 2021, 21:38 PM IST