Zee shares were locked at 10% lower circuit in the opening trade on Wednesday on report that Sebi has found irregularities worth ₹2,000 crore in the accounts of the company. In a setback for Zee Entertainment Enterprises Ltd (ZEEL), capital market regulator Securities and Exchange Board of India (SEBI) has unearthed a financial discrepancy exceeding … Read more
Shares of ZEE Entertainment Enterprises Ltd could see significant downside in case the proposed ZEE-Sony merger is called off, said Emkay Global. As per a report, Sony is likely to issue a termination notice by January 20 as the decision on who would be at the helm of the merged company is the contentious issue, … Read more
Zee Entertainment Enterprises will be soon excluded from the MSCI Global Smallcap index, after it is merged with Sony Pictures, a report said on Saturday. At present, Zee Entertainment is part of the Nifty Midcap index. On August 11, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger scheme between Zee … Read more