Zee gets HC relief; no extra-ordinary general meeting for now

In a strongly worded judgement in favour of Zee, the High Court said that sometimes a company must be saved from its own shareholders, however well-intentioned.

published on : 27th October 2021

Bombay High Court reserves order on ZEEL's plea against EGM as requested by Invesco

A single bench of the high court presided over by Justice GS Patel had asked the media company if it was willing to hold such a meeting.

published on : 22nd October 2021

Reliance Industries reveals proposal to merge media arm with Zee Entertainment, not interested now

It also clarified that differences arose between ZEEL MD Punit Goenka and Invesco over the founders' bid to raise stake by subscribing to preferential warrants.

published on : 14th October 2021

Invesco says tried to facilitate deal between ZEEL, Reliance

The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential transaction and nothing more.

published on : 13th October 2021

Invesco says promoters of Zee harming interest of 96% shareholders

Invesco in an all-out attack said that the founding family, which holds under 4% of the company’s shares, is benefitting at the expense of 96% shareholders.

published on : 12th October 2021

Zee-Invesco spat: NCLT to hear matter again on Tuesday

Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) along with OFI Global China Fund LLC hold a 17.88 per cent stake in ZEEL.

published on : 4th October 2021