Zee Entertainment Enterprises Limited (ZEEL) shareholders have rejected the reappointment of Vivek Mehra and Sasha Mirchandani as independent directors at the annual general meeting (AGM) on Saturday while approving the appointment of Deepu Bansal as an independent director. The special resolutions seeking the reappointment of Mehra and Mirchandani as independent directors didn’t receive the requisite …
Mumbai: Zee Entertainment Enterprises Limited (ZEEL), which has signed an agreement to merge its operations with Culver Max Entertainment (Sony Pictures Networks India), has spent ₹176.2 crore on merger-related expenses in FY23, the company’s regulatory filings show. In the previous fiscal year, merger-related expenses stood at ₹7.3 crore. The two companies had signed definitive agreements …
Zee Entertainment Enterprises Limited (ZEEL) has teamed with the National Association of Software and Service Companies (NASSCOM) to develop generative AI solutions for India’s burgeoning media and entertainment (M&E) sector. The partnership is part of NASSCOM’s recently launched Generative AI Foundry programme, which aims to foster innovation and growth in the start-up ecosystem. Through the …
Mumbai: The proposed deal between Walt Disney’s Star India and Reliance Industries’ Viacom18 could lead to the establishment of India’s largest media and entertainment conglomerate, with roughly Rs 25,000 crore in top line, say industry experts. The combined entity will own 115 TV channels (Star India – 77 and Viacom18 – 38) and two strong …
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 next month, multiple people familiar with the progress of the proposed transaction told ET. One of the sources said that despite …
The Securities Appellate Tribunal (SAT) on Friday adjourned the hearing of Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka’s plea challenging the Securities and Exchange Board of India’s (Sebi) order to September 14. Goenka is challenging the capital market regulator’s confirmatory order of August 14 barring him and his father, Subhash Chandra, Chairman …