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Punit Goenka

NCLAT stays insolvency against Zee Entertainment on Punit Goenka plea

Goenka moved the NCLAT on Thursday, a day after the Mumbai bench of the NCLT admitted insolvency proceedings against Zee on a plea filed by IndusInd Bank -- a financial creditor of Zee

Updated On: 24 Feb 2023 | 11:08 PM IST

NCLAT stays insolvency proceedings against Zee; final hearing on March 29

The move came after Punit Goenka, chief executive of Zee, challenged the insolvency proceedings against the company

Updated On: 24 Feb 2023 | 12:45 PM IST

Zee Entertainment insolvency: NCLAT to hear Punit Goenka's appeal today

Goenka had appealed the NCLT's decision to allow IndusInd Bank to file for insolvency proceedings against Zee

Updated On: 24 Feb 2023 | 10:38 AM IST

Top headlines: Punit Goenka moves NCLAT for relief, 1 year of Ukraine war

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Updated On: 24 Feb 2023 | 9:32 AM IST

Zee Entertainment insolvency: CEO Punit Goenka moves NCLAT for relief

Says taking all necessary steps to protect interest of stakeholders and achieve timely completion of proposed merger with Sony

Updated On: 23 Feb 2023 | 11:41 PM IST

Zee Ent shareholders approve reappointment of Punit Goenka on board

Shareholders of Zee Entertainment Enterprises Ltd (ZEEL) on Friday approved all eight resolutions in the Annual General Meeting of the company. The resolution for the re-appointment of its Managing Director Punit Goenka on board was also approved at the 40th AGM with the required majority. ZEEL also got the approval of the special resolution for the re-appointment of R Gopalan as Independent Director of the company, said a regulatory filing. "All the resolutions presented to the shareholders were approved during the meeting, expressing complete support towards the management and its strategic initiatives lined up for the future of the Company," said ZEEL in a statement. Last year in December ZEEL announced its merger with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India. The proposal has received approval from stock exchanges BSE and NSE and is currently before the fair trade regulator Competition Commission of India.

Updated On: 30 Sep 2022 | 11:38 PM IST

Zee can participate in IPL e-auction on its own, says MD Punit Goenka

Statement comes as company re-enters sports broadcasting after six years; unlikely to bid along with Sony

Updated On: 01 Jun 2022 | 10:36 PM IST

Zee Entertainment shares rally nearly 17%; mcap jumps Rs 4,139.83 cr

The stock jumped 16.83 per cent to settle at Rs 299.15 on BSE

Updated On: 24 Mar 2022 | 5:44 PM IST

Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal

In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.

Updated On: 24 Mar 2022 | 10:52 AM IST

HC allows Invesco appeal against order on EGM to remove Zee's Punit Goenka

The Bombay High Court allowed an appeal by the largest shareholder of Zee Entertainment against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka

Updated On: 22 Mar 2022 | 12:18 PM IST

Zee Entertainment board clears media firm's mega merger with Sony

ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company

Updated On: 23 Dec 2021 | 1:04 AM IST

Sony Pictures Networks India, Zee Entertainment sign merger agreement

The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence.

Updated On: 22 Dec 2021 | 9:33 AM IST

Zee announces Nov 11 as board meeting date to announce Q2 earnings

The company had cancelled October 27 board meet citing lack of quorum

Updated On: 03 Nov 2021 | 1:44 PM IST

Invesco wants to wrest control of Zee, says Punit Goenka in NCLT affidavit

Accuses Invesco of wanting to merge Zee with a rival at the cost of Zee shareholders

Updated On: 23 Oct 2021 | 12:11 AM IST

Bombay HC asks ZEEL board to call the EGM as requisitioned by Invesco

During the proceedings, Justice Patel said denying the right to call an EGM would set a "ferocious" precedent. ZEEL said it would inform the court on Friday about the EGM date

Updated On: 21 Oct 2021 | 11:42 PM IST

Zee-Invesco battle puts spotlight back on corporate governance practices

The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices

Updated On: 18 Oct 2021 | 6:05 AM IST

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Zee-Invesco saga hots up as Reliance name is dragged in

The fight between Zee and Invesco is showing no signs of abating. The two parties have dragged each other to court. And, in a new twist, Reliance Industries has also been drawn to the scene

Updated On: 15 Oct 2021 | 1:28 PM IST

Zee chief Punit Goenka questions Invesco's silence over RIL offer

Says he will ensure no one maligns Zee's intrinsic value, and will continue to pursue this in the best interests of shareholders, and at immense personal costs

Updated On: 15 Oct 2021 | 12:39 AM IST

ZEE MD says will continue to take steps to safeguard company, its future

Goenka questioned the intention of Invesco while pointing fingers at the investment firm over corporate governance for not making public a proposed deal Reliance Industries earlier

Updated On: 14 Oct 2021 | 10:06 PM IST

Top headlines: Zee CEO breaks silence on Invesco; HCL Tech Q2 net rises 4%

In a letter, Zee MD and CEO, Punit Goenka asked why Invesco was silent when it made the EGM requisition about its role as an investment banker

Updated On: 14 Oct 2021 | 8:09 PM IST