Zee board appoints unbiased panel to research allegations towards firm

The Board of Administrators of ZEE Leisure Enterprises Ltd. (ZEEL) has appointed an Unbiased Advisory Committee to evaluation the allegations levelled by market regulator SEBI and different events towards the corporate. The panel can be chaired by Justice Satish Chandra and comprise of ZEE’s Unbiased Administrators, Uttam Prakash Agarwal and PVR Murthy. Zee had not … Read more

Zee Leisure denies studies of monetary irregularities amidst inventory decline

Shares of Zee Leisure Enterprises Ltd (ZEEL) tumbled 12 per cent within the mid-session commerce on Wednesday amid studies that SEBI has discovered monetary discrepancies within the accounts of the corporate. The inventory of the corporate nosedived 11.58 per cent to ₹170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to ₹170.70 per … Read more

NCLAT refuses to remain Zee Leisure-Sony merger

The Nationwide Firm Regulation Appellate Tribunal (NCLAT) has refused to remain the proposed merger between Zee Leisure Enterprises Ltd (ZEEL) and Sony. Axis Finance and IDBI financial institution had challenged the merger within the NCLAT on the grounds that ZEEL had stood assure for loans they’d given to an Essel group entity, and that they’d … Read more