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Reliance had courted Zeel for media business transaction, says Invesco

Mumbai: Invesco Developing Markets Fund on Wednesday stated that Reliance Industries had made an offer to Zee Entertainment Enterprises Ltd (Zeel) to merge its media business, a deal which was struck down by Zeel’s managing director and chief executive officer Punit Goenka at the beginning of the...

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Invesco offered a merger proposal with a 'large Indian group' in Feb, says Zeel MD Punit Goenka

In a major development, Zee Entertainment Enterprises Ltd (Zeel) MD Punit Goenka has informed the Company Board that Invesco representatives had covertly offered a merger proposal to him with a “large Indian group” in February, early this year.

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Zee-Sony merger no more than camouflage to distract from primary issue: Invesco

Mumbai: Invesco Developing Markets Fund has written a biting open letter addressed to the shareholders of Zee Entertainment Enterprises Ltd (Zeel). The investor has raised concerns regarding the “repeated governance failures” and “underperformance” of the company and has claimed that the timing of...

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NCLT gives Zeel time till 22 Oct to file reply to Invesco plea

The National Company Law Tribunal (NCLT) on Friday gave Zee Entertainment Enterprises Ltd (Zeel) time till 22 October to file its reply to a plea by its shareholder, according to a report by PTI.

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Zeel must get 'reasonable time' to reply to investors plea: NCLAT passes order

Zee Entertainment Enterprises Ltd (Zeel) should be given a “reasonable and sufficient opportunity” time to respond to the investors’ plea filed before the National Company Law Tribunal (NCLT), said the National Company Law Appellate Tribunal (NCLAT) on Thursday.

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