SAT sets aside SEBI order against Zee’s Punit Goenka
The SAT order will eventually pave the way for Goenka to resume his role as MD & CEO of Zee, and head the merged entity, which has already received NCLT approval
zee sony merger
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After IDBI Bank, Axis Finance appeals against Zee-Sony Merger
The company law tribunal in August 2023 had given its nod to the merger proposal of ZEE with Culver Max, earlier known as Sony Pictures
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
NCLT dismisses insolvency plea by IDBI Bank against ZEE Ent; stock surges
The development comes months after IDBI Bank approached NCLT in December last year seeking an insolvency proceeding against the debt-laden media giant, in order to recover ₹149.60 crore dues.
ZEE enters settlement with IndusInd Bank; stock jumps 5%
ZEE and IndusInd Bank have mutually entered into the settlement agreement under which all disputes and claims have been settled between the parties.
ZEE gets shareholders’ approval for merger with Sony
The proposed merger of ZEE Entertainment Enterprises and Sony Pictures Networks India was supported by 99.99% of ZEEL's shareholders.
Sony-ZEE merger would result in job losses, admits Punit Goenka
The bulk of employee rationalisation is likely to happen in corporate functions
Zee, Sony sign merger deal; Punit Goenka to lead new entity
The combined company will include 75 TV channels, two film studios, two video streaming services, and a digital content studio.
