The Singapore Arbitration Centre has denied Sony Group s plea to restrain Zee Entertainment Enterprises Ltd (ZEEL) from moving to the National Company Law Tribunal (NCLT) for enforcing a merger called off by Sony. The Emergency Arbitrator ruled it lacked jurisdiction to issue such an order. Sony terminated the merger agreement with ZEEL last month, citing unsatisfied conditions. ZEEL filed a petition before NCLT to implement the merger, and Sony initiated arbitration proceedings claiming a USD 90 million termination fee. The denial by the Singapore Arbitration Centre allows ZEEL to proceed with its NCLT application for the merger scheme.
The board of directors of Bhansali Engineering Polymers Ltd has recommended the issue of Bonus Shares in the ratio of 2:1 i.e. 1 Bonus Equity Share of Re. 1/- each for every 2 fully paid-up Equity Shares of Re. 1/- each.
The Board of Directors of Bhansali Engineering Polymers Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
The board of directors of Bhansali Engineering Polymers Ltd has recommended a Final Dividend of Re.1 i.e., 100% per Equity Share of face value of Re.1 each and also recommended a One-time Special Dividend of Rs.14 per share.
The Board of Directors of Bhansali Engineering Polymers Limited, at its meeting held today have approved the financial results of the company for the period ended September 30, 2022 - Q1FY23 and H1FY23.