SEBI’s Interim Order on Zee Entertainment Enterprises Limited According to the web search results, SEBI passed an interim order against Zee Entertainment Enterprises Ltd (ZEEL) and its promoters on June 12, 2023, vide...
Sony, ZEEL hope to close merger by November
Sony Group Corp’s India unit and Zee Entertainment Enterprises Limited (ZEEL) expect to close the pending merger deal – billed as one of the biggest in the country’s media industry – as early as...
Securities Appellate Tribunal adjourns ZEEL promoters’ plea to June 26
The Securities Appellate Tribunal (SAT) will hear on June 26 the plea of Zee Entertainment Enterprises Limited Chairman emeritus Subhash Chandra and his son and MD Punit Goenka to set aside the Securities & Exchange...
Invesco exits ZEEL; sells entire stake for Rs 1,004 crore
Invesco divested its entire stake — 5.11 per cent — in Zee Entertainment Enterprises Ltd for Rs 1,004 crore through an open market transaction. Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and...
OFI Global China Fund sells entire stake in ZEEL for ₹1,004 cr via block deal; Morgan Stanley, Goldman Sachs invest
Media channel, Zee Entertainment’s (ZEEL) share price dropped by over 3% on Monday as a Chinese fund house exited the company by selling its entire stake for ₹1,004 crore through a block deal. On the other hand...
Artistes’ body files insolvency plea against ZEEL claiming Rs 211 crore dues
The Indian Performing Right Society (IPRS) has filed a petition against Zee Entertainment Enterprises Limited (ZEEL) in the National Company Law Tribunal (NCLT) claiming default of `211.4 crore in music royalty payments...
ZEEL starts due diligence process for merger with Sony Pictures Networks
Zee Entertainment (ZEEL) has commenced the due diligence process for its proposed merger with Sony Pictures Networks India (SPNI), a subsidiary of Japan’s Sony Corp, following a non-binding agreement signed in September...
VTB Group acquires rights to sell 10.71% stake in ZEEL to recover loan
Zee Entertainment Enterprise Ltd (ZEEL) on Wednesday said VTB Capital PLC, the investment management arm of Russia-based state-run financial services giant VTB Group, has acquired rights to sell 10.71 per cent equity...
ZEEL to decide between two binding offers for stake sale
Media and entertainment firm Zee Entertainment Enterprises Ltd (ZEEL) that is in advanced stages of its stake sale process has said that it will decide between two binding offers in the coming days. “We already have one...
ZEEL buys balance 49% in India Webportal for Rs 197 cr
Zee Entertainment Enterprises Ltd (ZEEL) on Thursday said it is acquiring the balance 49 per cent equity stake in its subsidiary India Webportal Pvt Ltd for $30.7 million (Rs 197.47 crore) to consolidate the digital...
ZEEL Expands Universe of General Entertainment Channels
Overview The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides. Proving its resilience to the world, the Indian M&E industry is on the cusp of a...
NCLT orders insolvency proceedings against Subhash Chandra on Indiabulls Housing Finance plea
The National Company Law Tribunal (NCLT) on Monday ordered insolvency proceedings against media mogul Subhash Chandra, following a plea filed by Indiabulls Housing Finance. The decision, announced by a two-member bench...