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The news media arm of the Subhash-Chandra-led Essel Group has been directed by the National Company Law Tribunal’s (NCLT’s) Bench here to have a shareholders meeting on March 27.
The agenda is to clear the demerger of the print business from Zee Media Corporation, a listed company housing both the print and television news media interests of the group.
The rationale for the demerger, according to a notice to the stock exchanges by the company, is to unlock value and simplify the business’ structure. The move acquired significance in the wake of speculation around consolidation in
The agenda is to clear the demerger of the print business from Zee Media Corporation, a listed company housing both the print and television news media interests of the group.
The rationale for the demerger, according to a notice to the stock exchanges by the company, is to unlock value and simplify the business’ structure. The move acquired significance in the wake of speculation around consolidation in
