Punit Goenka

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Zeel promoter stake sale gets confidence vote from SBICap and Edelweiss

There’s a sense of relief at Zee Entertainment Enterprises Ltd (Zeel). Chairman Subhash Chandra, and managing director & CEO Punit Goenka said they would go the whole hog to repay their obligations.

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Essel Group to sell 16.5% stake in ZEEL to repay loan obligations

Debt-ridden Essel Group  is planning to sell a 16.5 per cent stake in its flagship property  Zee Entertainment Enterprises Ltd (ZEEL) to financial investors to clear off its massive debt. After this transaction, Essel Group’s overall holdings in ZEEL will be five per cent, as mentioned in a...

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OFI Global China Fund to buy further 2.3 per cent stake in ZEEL

MUMBAI: Essel group is planning to sell 16.5 per cent stake in its flagship property Zee Entertainment Enterprises Limited (ZEEL) to financial investors, of which 2.3 per cent will be sold to OFI Global China Fund -- which already holds 8.7 per cent stake in the media company.

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ZEEL MD & CEO Punit Goenka reappointed for five years

MUMBAI: Even as many have been harping on the debt challenges that Zee TV has been facing and questioning whether the promoter family – including CEO Punit Goenka - will continue at the helm of affairs, here’s news that at least puts paid to some of the doubting Thomases.

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Zeel reports higher op revenue, PAT for Q2 2020

The Subhash Chandra-led Zee Entertainment Enterprises Ltd (Zeel) reported 7.6 percent and 7.4 percent y-o-y growth in total and operating revenues for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review) as compared to the corresponding year ago quarter Q2 2019.

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