NCLT Approves Merger of Zee-Sony; Details, The NCLT gave its approval on August 10, 2023, after hearing objections from several creditors of ZEEL, Sony will hold a 50.86% stake in the merged entity, while ZEEL shareholders will hold the remaining 49.14%.at news18.com
ZEE-Sony merger approved: Zee Entertainment and Sony Pictures Networks India have signed an agreement to create a merged entity. Analysts said earlier that the merger will benefit both companies.