NCLT approves Zee-Sony merger

NCLT has been closely examining the legality and feasibility of the merger for months.

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  • Storyboard18,
 | August 10, 2023 , 2:58 pm
While the final order of NCLT has a detailed 12-pointer findings and observations section, the most important takeaway is obviously the bench’s approval of the merger. (Image source: Moneycontrol Hindi)
While the final order of NCLT has a detailed 12-pointer findings and observations section, the most important takeaway is obviously the bench’s approval of the merger. (Image source: Moneycontrol Hindi)

The National Company Law Tribunal (NCLT) in its hearing today has approved the Zee-Sony merger.

NCLT has been closely examining the legality and feasibility of the proposed merger between Zee Entertainment Enterprises and Sony Pictures Networks India, as well as its impact on the industry and stakeholders.

The merger, which aims to combine the strengths of two prominent players, Zee Entertainment Enterprises and Sony Pictures Networks India, has garnered substantial attention and scrutiny ever since it was announced.

More details on the order are awaited.

This is a developing story. Please check back for more updates.

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