Zee Entertainment shares up 7% as Punit Goenka resigns as MD
Goenka has been appointed as CEO to focus entirely on operational responsibilities; Mukund Galgali, CFO, will be deputy CEO.
punit goenka
November 2024
April 2024
February 2024
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December 2023
Zee board approves organisational restructuring
MD & CEO Punit Goenka will assume direct charge of the critical business verticals including the domestic broadcast business.
ZEE withdraws Sony merger application; to evaluate strategic opportunities
On January 22, Sony ended two-year-long merger talks with ZEE, citing the inability of the latter to fulfil the merger agreement
Zee MD & CEO proposes to lay off 15% staff
The proposed structure is aimed towards arriving at a cost-effective operational model, says ZEE.
‘Incorrect, false’: ZEE on reports of missing $241 mn; share tanks 10%
ZEE says it has been in the process of providing all the comments, information or explanations requested by SEBI
Have institutions failed Zee investors?
Chandra family owns 3.99% stake in ZEE while domestic institutions and foreign institutional investors own 43.59% and 28.19% stake, respectively.
ZEE drags Sony to NCLT after $10-bn merger deal collapses
ZEE says it has also started "appropriate legal action" to contest Sony, BEPL’s claims in arbitration proceedings before SIAC
ZEE weighing ‘legal options’ as Sony terminates $10-bn deal
Zee says it’ll contest Culver Max, BEPL’s claims of $90 mn in termination fees
ZEE shares drop 3.4% ahead of Sony’s final meet on merger
Speculations are rife the merger deal could collapse amid complications in finalising CEO Punit Goenka's role in merged entity
ZEE seeks more time for merger with Sony; shares drop 4%
Cut-off date for Zee-Sony merger was Dec 22, 2023; to be delayed now from earlier set deadline of Jan 2024
