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Zee Entertainment Enterprises Ltd. (ZEEL) has officially withdrawn its composite scheme of arrangement with Culver Max Entertainment and Bangla Entertainment Private Limited (BEPL), following a settlement. The National Company Law Tribunal (NCLT) approved the withdrawal.
CNBC TV18

CNBC TV18

Zee Entertainment withdraws merger with Culver Max and BEPL

Zee Entertainment Enterprises Ltd. (ZEEL) has officially withdrawn its composite scheme of arrangement with Culver Max Entertainment and Bangla Entertainment Private Limited (BEPL), following a settlement. The National Company Law Tribunal (NCLT) approved the withdrawal.

Thu, Sep 12, 2024

ZEE Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), and Bangla Entertainment Pvt. Ltd. (BEPL) have reached a comprehensive non-cash settlement to resolve all disputes related to their Merger Co-operation Agreement and Composite Scheme of Arrangement.
The Economic Times

The Economic Times

Zee, Sony reach non-cash settlement to resolve all disputes

ZEE Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), and Bangla Entertainment Pvt. Ltd. (BEPL) have reached a comprehensive non-cash settlement to resolve all disputes related to their Merger Co-operation Agreement and Composite Scheme of Arrangement.

Tue, Aug 27, 2024