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Zee Entertainment Enterprises gets High Court approval for scheme of arrangement

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Capital Market

On 12 September 2014

Zee Entertainment Enterprises announced that at the hearing held on 12 September 2014, the Hon'ble High Court of Judicature at Bombay, has approved the Scheme of Arrangement between Diligent Media Corporation (DMCL) and the Company and their respective Shareholders and Creditors, for demerger of Media Business Undertaking of DMCL vesting with the Company with effect from 31 March 2014 (Appointed Date).

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First Published: Sep 13 2014 | 11:46 AM IST

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