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Zee Entertainment Enterprises acquires balance 49% stake in India Webportal

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Capital Market
Last Updated : Jul 24 2017 | 9:47 AM IST

On 22 July 2017

Zee Entertainment Enterprises has completed the acquisition of the balance 49% equity stake in India Webportal (IWPL), comprising of 12,20,10,000 equity shares of Rs 2 each. Post this acquisition, IWPL has become a wholly owned subsidiary of the Company with effect from 22 July 2017.

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First Published: Jul 24 2017 | 9:34 AM IST

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