Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price
Zee Media Corporation Ltd on Tuesday said its board will consider issuing equity-linked securities to its promoters following a proposal from a promoter group entity to invest further in the company
The company, which has been immersed in a legal battle with its largest shareholder, had cancelled October 27 board meet citing lack of quorum
The company had cancelled October 27 board meet citing lack of quorum
Yes Bank owns 26 per cent stake in Dish TV while the promoters Jawahar Goel and family own 6 per cent stake.
Zee cancels Wednesday's board meeting to consider Sept-quarter results
Relief for Zee Entertainment founders; Nearly 65% of infrastructure projects delayed by Covid-induced lockdowns. More on that in top headlines
Zee had said it was unwilling to hold an extraordinary general meeting of shareholders as requested by Invesco, its largest shareholder.
The media company has been embroiled in a legal dispute regarding a board revamp and management changes with two Invesco-controlled funds
The 70-year-old tycoon, known for his distinctive black-and-silver hairstyle, risks losing control of his media empire
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Live news updates: Supreme Court says farmers can't block roads while protesting; Bombay High Court nudges Zee Entertainment to hold shareholder meeting.
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
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Any resolution passed at the extraordinary general meeting will be put on hold until the Bombay High Court decides on the legality of the Invesco's request for such a meeting
YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel
The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices
Live news updates: Carlyle and other investors will withdraw their open offer to its shareholders; Zee accuses Invesco of double standards.
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