Have institutions failed Zee investors?
Chandra family owns 3.99% stake in ZEE while domestic institutions and foreign institutional investors own 43.59% and 28.19% stake, respectively.
culver max entertainment
January 2024
December 2023
September 2023
August 2023
August 2022
Zee-Sony Merger: NCLT asks Sony to respond to Zee shareholders in three weeks
The development comes almost a week after Sony Group Entities put an end to two-year-long merger negotiations with Zee citing the inability of the latter to fulfill the merger agreement.
ZEE shares drop 3.4% ahead of Sony’s final meet on merger
Speculations are rife the merger deal could collapse amid complications in finalising CEO Punit Goenka's role in merged entity
Not agreed to deadline extension; yet to hear proposal from Zee: Sony India
The company’s statement comes a day after ZEE sought more time for the proposed merger with Sony Pictures Network India, now known as Culver Max Entertainment Private Limited.
ZEE seeks more time for merger with Sony; shares drop 4%
Cut-off date for Zee-Sony merger was Dec 22, 2023; to be delayed now from earlier set deadline of Jan 2024
Zee stock plunges 9% amid director's exit ahead of AGM
Zee shares fall to an intra-day low of ₹259.10 before recovering losses and settling at ₹278.25, down 2.06% compared to the previous session
IDBI Bank challenges NCLT order on ZEE-Sony merger
IDBI has filed two separate petitions against ZEEL; NCLT last month gave its nod to merger proposal of ZEE with Culver Max
NCLT nod to ZEE-Sony merger; stock zooms 16%
NCLT approval comes many months after deal was announced back in 2021; it will lead to creation of the largest entertainment network in country
ZEE-Sony merger gets nod from stock exchanges; share jumps 5%
The proposed merger of Zee Entertainment with Culver Max Entertainment (formerly Sony Pictures Networks India) has been approved by the BSE and the NSE.
