Is this news true or not?MSCI is set to delist zee stock September last week or October 1st week. Zee will be relisted in stock market as a merged entity of sony-zee after few weeks. So it confirms merger is completing within October or November first week.
MSCI set to remove Zee Entertainment from Global Smallcap index: Report
On August 11, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger scheme between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony).www.businesstoday.in
Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed
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vikhyath
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ZEE Entertainment shares: MSCI exclusion, Sony merger impact on F&O expiry, AMFI categorisation & more
ZEE-Sony merger: Nuvama said the merged shares would not be immediately listed due to Sony's unlisted status. It expects ZEE's final trading day to be around September-end or early October.
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Given Zee's absence from the proceedings, it has become evident that it will be forming a partnership with Sony in the bidding process. This development emerges as an inevitable consequence of the approved merger between the two broadcasters, a pivotal event within the Indian corporate landscape.
A joint bid by Sony-Zee also remains a possibility, given that the BCCI is permitting consortium bids - a provision absent in the previous media rights auctions, notably in the IPL rights auction last year. Attempts to seek immediate responses from company representatives did not elicit an immediate response. However, the collaboration between the two organizations doesn't come as a surprise, as their merger is anticipated to be finalized by October 1.
A joint bid by Sony-Zee also remains a possibility, given that the BCCI is permitting consortium bids - a provision absent in the previous media rights auctions, notably in the IPL rights auction last year. Attempts to seek immediate responses from company representatives did not elicit an immediate response. However, the collaboration between the two organizations doesn't come as a surprise, as their merger is anticipated to be finalized by October 1.
Asem Ansari Saqibi
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I'm big fan SPN
Happy with this merger because Zee has ICC Cricket rights for TV from 2024 !!
Happy with this merger because Zee has ICC Cricket rights for TV from 2024 !!
Sruthikesan
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I'm very excited to know that will happen after merger!
Expecting any revamp of channel..
Mainly south channels because there is no any Sony channel for South region...
If not revamp happens also I'm waiting for merger because two big companies are going to merge is making me somewhat eager....
Ashok Varma
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I think no change in channel names as they are well popular.
Logo change of zee is most probably happen because Sony channels changing logo on Diwali 2022 has something to do with this merger
My gut feeling on Sony Aath and Zee Bangla… my gut feeling says that Sony aath and Zee Bangla will be closed and all shows of Zee Bangla and Sony Aath will be transferred to one channel of the merged entity… either the name Zee Bangla will remain or the channel’s name will be changed to Sony Bangla because from a video I heard that all shows of Zee Bangla and Sony Aath will be telecasted in one channel after the merger gets completed
Sruthikesan
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Then what about Zee Marathi and Sony Marathi?
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