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Home Featured

Zee-Sony merger receives BSE & NSE approval

by MN4U Bureau
July 29, 2022
in Featured, Television
Reading Time: 1 min read
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Sony and Zee sign Definitive Agreements to Merge; new combined entity to be Publicly Listed in India
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ZEE Entertainment Enterprises Ltd. (ZEEL), received an approval from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for its proposed merger with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India Private Limited) on Friday.

The approval from the stock exchanges marks a firm and positive step in the overall merger approval process. The approvals permit the Company to proceed with the next steps in the overall merger process.

The Composite Scheme of Arrangement remains subject to applicable regulatory.

Tags: Culver Max EntertainmentSony Pictures Networks IndiaZee Entertainment EnterprisesZEE Sony Merger

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