Zee Entertainment Enterprises enters into SPA for transfer of subsidiary to Mantena Aviation

Zee Entertainment Enterprises has entered into a share purchase agreement on 24 July 2020 with Mantena Aviation LLP (buyer) and Fly-By-Wire International Private Limited, a wholly owned subsidiary of the Company (Subsidiary) for transfer of Equity Shares of the Subsidiary in two Tranches and on the terms and conditions mentioned in the SPA.

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