Zee Entertainment Enterpriseshas constituted a panel to examine the allegations levelled against the company, its promoters and key managerial personnel by regulatory bodies.
"The notice (from Zee) triggers an existing contractual provision in the deal that allows for both parties to discuss the possibility of extending the deadline," said SPNI.
Stocks to watch today: Nifty is expected to be in a narrow range due to a lack of positive triggers. In the meantime, niche mid and small cap sectors are likely to remain in action. Reliance Industries (RIL), Adani Enterprises, Jio Financial Services (JFS), Lupin among stocks in focus on Monday (August 28).
Share market today: Benchmark indices Nifty, Sensex ended lower on August 17 amid selling across the sectors barring PSU Banks. Watch this Visual Story to check top gainers, losers, stocks that buzzed in trade today, and more.