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After Sony Split, Zee Plunges into a Cloudy Future What does it say about Investment Savvy of Mutual Funds?

After just over two years of high drama, Sony Pictures Networks India (now called Culver Max Entertainment) finally declared The End on its merger with Zee Entertainment Enterprises Ltd (ZEE) on 22 December 2021.

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Zee Entertainment: Rebellion in the ranks: Zee Entertainment s shareholders huddle to remove Punit Goenka, chairman Gopalan from board, to seek Sebi intervention

As part of its ongoing investigation against key management personnel of Zee Entertainment Enterprises Ltd (ZEEL), including CEO and MD Punit Goenka, SEBI has questioned some former directors regarding their steps to protect minority shareholder rights amid the failed Sony merger.

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Zee Entertainment: Sebi queries ZEEL ex-directors; shareholders weigh options

A number of domestic and overseas institutional shareholders in ZEEL are also in discussions backchannel to coordinate on future course of action, multiple people involved in the discussions said. Large domestic institutions are also engaging with one proxy advisory firm to explore a common course of action that might be palatable to a broader base of investors.

Shishir babubhai desaiAdesh kumar guptaVenkata ramana murthy pinisettiSasha mirchandaniDeepu bansalVivek mehraUttam prakash agarwalSubhash chandraPunit goenkaPrudential value discovery fundZee entertainment enterprises ltdSecurities appellate tribunalValue discovery fundNippon life indiaZee entertainmentZee sony merger

Share Market Highlights 05 December 2023: Indices hit record highs; Nifty closes abvoe 20,850

Share Market Highlights 05 December 2023: Indices hit record highs; Nifty closes abvoe 20,850
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Promoter Great Terrain Investment exits CAMS for Rs 2,700 crore

The bulk deals data showed that there were 11 buyers, who acquired 58.17 lakh equity shares in CAMS at an average price of Rs 2,766 per share, amounting to Rs 1,609.01 crore

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