Zee Entertainment Enterprises (ZEEL) has seen seven of its promoter entities pledging shares of the company. The entities Ashok Kurien, Ganjam Trading Company, Churu Trading, Sushila Goel, Prajtma Trading, Veena Investment and Premier Finance Trading company have pledged over 11 crore shares (total of 1,10,985,852) of the company till June 30. The shares pledged account for 11.35% of the total number of outstanding shares of ZEEL.
Recently, Zee Entertainment Enterprises received an approval from High Court of Bombay on June 10, 2011 for its proposed scheme of amalgamation of ZES Holdings, Mauritius and Zee Multimedia Worldwide, BVI, two wholly owned overseas subsidiaries of the company with the company with effect from the appointed date i.e. February 01, 2011. The company had received approval for the said scheme of amalgamation at its board meeting held on January 14, 2011.
Zee Entertainment Enterprises (Zee) is one of India’s leading television media and entertainment companies. It is amongst the largest producers of aggregators of Hindi programming in the world, with an extensive library housing over 80,000 hours of television content. With rights to more than 3,000 movie titles from foremost studios and of iconic film stars, Zee houses the world’s largest Hindi film library.
| Company Name | CMP |
|---|---|
| Zee Entertainment | 81.06 |
| Sun TV Network | 641.25 |
| GTPL Hathway | 69.83 |
| Network 18 Media Inv | 36.38 |
| TV Today Network | 114.27 |
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