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Zeel sony pictures mega merger news

bombay high court on zeel

26 Oct 2021

Bombay HC stays Invesco's demand to call EGM, Big relief to ZEEL

In a major setback to the China-backed company amid the ZEEL-Invesco matter, the Bombay High Court on Tuesday stayed the convening of the Extraordinary General Meeting (EGM) of shareholders. Actually, ZEEL had filed a petition against calling this meeting, on which this decision has been out.

22 Sep 2021

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.

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