ZEEL gets shareholders' nod for merger with Sony Pictures Networks India

15 Oct 2022 Evaluate

Zee Entertainment Enterprises (ZEEL) has received approval from equity shareholders for merger of ZEEL and BangIa Entertainment with and into Culver Max Entertainment (formerly Sony Pictures Networks India). The Company convened the meeting of its equity shareholders on October 14, 2022, to seek approval for the proposed merger. The resolution put forth during the meeting pertaining to the proposed merger was wholeheartedly supported by 99.99% of ZEEL's equity shareholders. The approval marks yet another firm and positive step forward, in the overall merger completion process. 

Zee Entertainment Enterprises is one of India’s leading television media and entertainment companies. It is amongst the largest producers and aggregators of Hindi programming in the world.

Zee Entertainment Share Price

138.70 -2.65 (-1.87%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Zee Entertainment 138.70
Sun TV Network 602.70
GTPL Hathway 165.35
TV18 Broadcast 46.09
Den Networks 47.40
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