Zee investors may call EGM to reshuffle board
Financial Express Mumbai|January 23, 2024
SONY GROUP'S DECISION to terminate its proposed merger with Zee Entertainment brings into focus the role of institutional investors at Zee, who were backing the $10-billion merger.
VIVEAT SUSAN
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Reports have suggested that some of these investors, who together hold over 71% in Zee, may notify exchanges of their decision to call for an extraordinary general meeting (EGM) to reconstitute the board.

Mutual funds, including HDFC Mutual Fund, Nippon Life India Multi Cap Fund and ICICI Prudential Value Discovery Fund, hold 32.49% stake in Zee. Insurance companies and foreign portfolio investors hold 10.66% and 28.19% each in the company.

While the promoter family (Goenkas) hold 3.99% in the company as perits shareholding pattern for the quarter ended December 31, 2023.

この記事は Financial Express Mumbai の January 23, 2024 版に掲載されています。

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この記事は Financial Express Mumbai の January 23, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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