Page 3 of Zee Entertainment Enterprises

Goenka’s decision has been submitted to the nomination and remuneration committee of the board and the chief financial officer (Source: Reuters)

Zee Board forms advisory panel to ‘review’ market rumours, curb ‘erosion of investor wealth’

The official statement by ZEEL said that these independent directors of the company are PVR Murthy and Uttam Prakash Agarwal.

Updated: February 23, 2024 22:33 IST

Investors can convert these bonds into equity shares at a rate of Rs 160.20 per share, which includes an equity premium of Rs 159.20.

Zee-Sony Merger: NCLT Mumbai agrees to hear Zee’s plea seeking implementation of mega media deal

Zee Sony Case Latest News: The development comes day after Sony (now Culver Max) expressed its disappointment over the decision…

Updated: February 6, 2024 12:24 IST

Last week, Zee had said it would lay off an estimated 15% of its workforce

Will continue to vigorously arbitrate against Zee: Sony

Sony had invoked arbitration proceedings against Zee when terminating the proposed $10-billion merger on January 22, citing non-fulfillment of closing…

February 6, 2024 01:10 IST

Mad Men Film Ventures on Tuesday filed the petition requesting both ZEEL and Sony to implement the merger as it was approved by the NCLT in August 2023

Zee vs Sony: Can one party force the other into a merger?

Zee Entertainment Enterprises (Zee) and Sony Pictures Networks India (now known as Culver Max), both mega players in the entertainment…

January 30, 2024 02:00 IST

Sony Group, Zee Enterprises Entertainment, financial impropriety, termination letter, merger, deal

A game of bluff scuttled Sony-Zee’s plans to create $10 billion media giant

“Cross-border transactions in India represent a challenge, mostly stemming from differences in corporate culture, accounting practices and reporting standards,” said…

January 25, 2024 10:20 IST

Goenka also said that he believed the intrinsic value of Zee remained intact despite the failed merger with Sony

Zee moves NCLT against Sony Pictures Networks’ termination of $10-billion merger

The $10 billion mega merger was signed on December 22, 2021. Culver Max (previously known as Sony Pictures Networks India),…

Updated: January 24, 2024 18:40 IST

Sony Group, Zee Entertainment, acquisition, termination letter, merger

Sony sends termination letter to Zee over India merger

Sony cited conditions of the merger agreement not being met as the reason for the termination, according to the letter…

January 22, 2024 10:10 IST

‘We are evaluating next steps,’ says Zee as Sony calls off $10 bn mega media merger

The Bloomberg report said that Sony has communicated to Zee that it is terminating the merger due to ‘unmet conditions.’

Updated: January 22, 2024 14:16 IST

Unaware of Sony board meet, says Zee; Reiterates commitment to mega-merger

In an exchange filing on Friday, the media company said that it was engaged in good faith negotiations with Sony…

January 20, 2024 05:30 IST

Sony Group, Zee Entertainment Enterprises, merger, agreement, regulatory probe, defaults, Mukesh Ambani, loans recovery

Sony is planning to call off $10 billion merger with Zee

Sony plans to file the termination notice before a Jan. 20 extended deadline for closing the deal, saying some of…

January 8, 2024 16:34 IST

Sony to stay put! Fresh lifeline for Zee as the merger saga continues…

The deal to create a $10 billion media and entertainment powerhouse was first announced two years ago but has been…

Updated: December 20, 2023 22:35 IST

Sony, Sony Zee merger, Zee, ZEEL, Zee Entertainment Enterprises, Puneet Goenka, NCLT, Reliance, Disney, Media, media market

Is the Sony-Zee merger in danger? What went wrong …

Back in December 2021, Sony Pictures announced the acquisition of ZEEL (ZEE Entertainment Enterprises Limited), followed by a subsequent merger…

Updated: December 20, 2023 22:36 IST

NCLAT, NCLT, ZEEL, IDBI, Zee Entertainment, ZEEL, Punit Goenka, N

NCLAT adjourns hearing on IDBI’s insolvency plea against Zee Entertainment to Dec 6

A three-member NCLAT bench deferred the hearing after the counsel appearing in the matter sought an adjournment to complete the…

November 8, 2023 19:28 IST

Zee merger to take a few more months, says Sony Group

Sony said it continues to assess the impact of the transaction on its consolidated financial result.

September 30, 2023 00:30 IST

Zee Entertainment: Outlook positive for ad revenue and subscription

FMCG ad spending sparks optimism, festive season boost expected.

August 14, 2023 00:40 IST

ZEEL stock jumps 3% despite posting Rs 53 cr loss in Q1, NCLT decision eyed; should you buy or sell Zee Ent?

ZEEL share jumped over 3% today. NCLT is set to pronounce its order on the merger scheme between Zee Entertainment…

August 10, 2023 11:06 IST

NCLT reserves order on Zee Entertainment Enterprises, Sony merger

The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing…

Updated: July 11, 2023 12:29 IST

Sebi penalises ZEEL promoter entity for disclosure lapses

The noticee contended that failure to make disclosures within the stipulated time, was unintentional, technical or inadvertent and that no…

July 1, 2023 12:17 IST

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