Zee Group

ZEE shareholders approve reappointment of five directors at annual meeting

Shareholders approved the reappointment of four independent directors and non-executive director Saurav Adhikari with the requisite majority at the company's AGM

Subhash Chandra tells NCLAT insolvency proceedings led to 'media trial'

Zee Group founder tells appellate tribunal he was 'vilified' over reports on repayment proposal; lenders object to statements intended for media publication

NCLT stays Subhash Chandra repayment order, directs fresh hearing

Five-member bench finds no definitive majority in earlier proceedings, stays approval of Chandra's repayment plan and bars him from transferring properties

How NCLT approved Subhash Chandra's ₹6.5 cr payout against ₹22,006 cr claims

Subhash Chandra's repayment plan was backed by creditors holding 80.81 per cent of voting value, despite objections from several banks and institutional lenders

SAT grants Zee interim relief, allows ₹3,143 crore preferential issue

The tribunal permitted Zee and Punit Goenka to complete the preferential warrant issue subject to payment of penalties, but the Sebi-imposed market debarment will continue

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Sebi pursues fund diversion allegations against Zee Entertainment

The regulatory scrutiny was a key obstacle to Zee's merger with Sony, which was abandoned in January 2024 after two years of legal disputes

Zee Entertainment Q1 results: Net profit rises 22% to ₹143.7 crore

Revenue from operations fell 13.94 per cent to ₹1,849.8 crore from ₹2,149.5 crore in Q1 FY25

Zee Entertainment shares fall over 3% after promoter stake hike rebuff

Zee Entertainment shares fell 3.1% after shareholders rejected a proposal to increase the promoter family's stake. The company's fundraise plan via convertible warrants also failed to secure approval

Chandra, family to recover ₹1,300 cr in one year to fund investment in ZEEL

Essel Group promoters expect to recover dues and invest Rs 2,237 crore through convertible warrants, potentially increasing stake in ZEEL to 18.39 per cent

Zee Entertainment gains depend on advertising revenue recovery, fund usage

While 25 per cent of the warrant price is to be paid upfront, the balance 75 per cent is to be paid on conversion

Media advertising revenue strain to stretch into first half of FY26

Media firms face continued pressure on advertising revenues as weak consumption, cautious spending and content fatigue weigh on recovery in early FY26

ZEE share price may double in 1-2 years, says CLSA with 'Outperform' rating

ZEE share price: In its base-case scenario, CLSA has pegged ZEE share price target at ₹170, an upside potential of 70 per cent from current levels

Sebi quashes Zee, Punit Goenka's settlement plea; expands investigation

The matter pertains to alleged violations of LODR regulations

Beyond interruptions: How the year 2024 turned out for the business sector

2024 was a year of churn - and a big loss - but it was also when India made decisive strides in infrastructure and defence self-reliance

TV channels pitching in-show influencers is the new crossover experiment

It comprises 3.5 to 5 million influencers, two large media-tech platforms (Google and Meta) and a bevy of digital agencies

Zeel's shareholders want a professional to lead the company: Proxy advisors

Stock rises after shareholders reject Punit Goenka's reappointment as a director

ZEEL shareholders reject proposal to reappoint Punit Goenka as director

The shareholders of Zee Entertainment have rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company. The filing by Zee Entertainment Enterprises Ltd (ZEEL) stated that the resolution for the reappointment of Goenka was defeated in the annual general meeting (AGM) of the company. Resolution number three in the AGM, which proposed the reappointment of Goenka as director, was supported by only 49.54 per cent of the total number of votes cast while 50.4 per cent voted against the resolution. "Resolution No. 3 (Goenka's reappointment) failed to get the requisite majority of votes as required under the provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015," ZEEL said. This is a major setback for Goenka who is currently the CEO of the company. Several proxy firms had earlier advised the shareholders to vote against resolution number three. However, the three other .

Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM

ZEE Entertainment CEO Punit Goenka, who resigned from the post of Managing Director last week, has also withdrawn himself from reappointment for the post in the coming AGM, according to an exchange filing. While sharing Goenka's resignation letter to exchanges on Saturday, Zee Entertainment Enterprises Ltd (ZEEL) said he is "withdrawing his consent for his re-appointment as Managing Director of the company as proposed in the Notice of the ensuing Annual General Meeting. Earlier on October 18, 2024, the ZEEL board approved the proposal for Goenka's reappointment for a five-year term, effective from January 1, 2025, to December 31, 2029. Goenka's present tenure as Managing Director & CEO of the company was scheduled to finish at the 2024-end. Goenka's re-appointment was subject to approval from the shareholders, in the coming AGM, which is scheduled to be held on November 28. However, on November 18 Punit Goenka, son of media baron Subhash Chandra, resigned as the Managing Director .

Breakout Alert: Can Zee stock be 4th time lucky? Key levels here

Zee Entertainment stock rose 9% in intra-day deals on Tuesday, and was on the verge of confirming a breakout on the daily chart yet again in 2024. The last 3 breakouts turned out be false, show charts