Zee-Sony Merger Updates

ZEE seeks more time for the $10 billion merger with Sony, causing a 4% dip in share price. Read More>>>

Source: Mint

Share Price Fall

Zee Entertainment's shares dropped 4.07% to ₹266.05 amid uncertainties about the merger timeline as of 11:00 AM.

Source: Mint

Extension Request

ZEE formally requests an extension from Sony Pictures Networks to finalize the merger.

Source: Mint

Details Withheld

The company does not provide specifics on the extension request or the reasons behind the delay.

Source: Mint

New Independent Directors

Zee appoints three independent directors, enhancing governance amid the merger proceedings.

Source: Mint