Page 2 - Punit Goenka

Zee refutes report of Rs 2,000 crore accounting 'hole', calls it 'false'

A report on Wednesday said that the market regulator has found a "hole" of more than Rs 2,000 crore in the accounts of Zee Entertainment Enterprises Ltd

Zee, Sony in discussions to save the called off $10 billion merger: Report

Sony-Zee merger: Punit Goenka, managing director and chief executive officer at ZEEL, has agreed to Sony's demand of him not becoming the CEO of the merged entity

Zee Entertainment aspires for 8-10 pc revenue growth, says Goenka

Zee Entertainment Enterprise Ltd (ZEEL) is focusing on a three-pronged approach -- frugality, optimisation and sharp focus on quality content -- for the company's future, said its Managing Director and CEO Punit Goenka on Tuesday. The company aspires for an 8 to 10 per cent CAGR revenue growth, with digital business growing at a much faster pace, he said. "Going forward, there will be a sharper emphasis on frugality, with a crystal-clear focus on quality and output," said Goenka in the first earning call of the company, after the deal to merge with Sony Pictures Entertainment collapsed last month. Across verticals including technology, content and marketing, ZEEL is implementing steps to optimise spending and enhance the return on investments. "The three-pronged approach will elevate and further streamline our existing capabilities in line with our robust growth plans. The results of these structured steps over the next few quarters will start reflecting in the company's ...

Promoter family to increase stake in Zee to 26% eventually: Subhash Chandra

Chandra also said that as a promoter, he was "seriously considering" filing a criminal case against Sony

Sony moves Singapore court against Zee for breaching merger pact: Report

Zee is likely to counter Sony's claims in the Singapore International Arbitration Centre, including the demand for a $90 million termination fee

Sony puts large advertisers in tough spot as it terminates merger deal

What probably sank the deal was the insistence by Punit Goenka, Zee's chief executive officer, that he should lead the post-merger entity

Sony Group continues talks on merger with Zee amid reports on disputes

Sony Group and Zee Entertainment have faced disputes over the choice of the merged unit's CEO. However, terms of the deal are expected to be clarified by January 21

Sony may call off merger with Zee, send termination notice by Jan 20

Last month, the two companies were given a one-month grace period to close the merger of their India operations

Zee, Sony enter into discussion on extension of deadline to complete merger

Sony Group Corp and Zee Entertainment Enterprises Ltd have entered into a discussion to extend the deadline for merging their India operations, keeping hopes alive of creating a $10 bn media behemoth

Sony-Zee merger risks collapse ahead of its deadline over CEO drama

Zee is insisting that its Chief Executive Officer Punit Goenka - also its founder's son - will helm the new entity, as agreed in the pact signed in 2021, while Sony is wary of his appointment

Relief for Zee Entertainment's Punit Goenka as SAT sets aside Sebi's order

With this, Goenka can now be appointed as the Managing Director (MD) of the merged entity

Axis Finance moves NCLAT against NCLT order approving Zee-Sony merger

The tribunal questioned the credibility and surety of the Sebi in completing the probes within eight months

SAT adjourns hearing on Zee promoter Punit Goenka's appeal to Sept 27

Arguing on behalf of Goenka, senior counsel Abhsihek Manu Singhvi pointed that there had been no loss to Zee and no gain to Goenka in the alleged matter

Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger

Zee-Sony merger: This comes just over a month after the NCLT's Mumbai bench approved the merger on August 10 by dismissing all applications against it

SAT refuses to give interim relief to Punit Goenka, lists matter for Sep 8

The Securities Appellate Tribunal (SAT) has refused to give interim relief to Punit Goenka, former chief of Zee Entertainment Enterprises Ltd, against a Sebi order that barred him from holding key positions in four Zee group firms and in the merged entity of ZEEL and Sony Pictures Networks India. "After hearing the learned senior counsel for the parties at some length, we are of the opinion that the matter has to be decided finally. We, consequently, direct the respondent (Sebi) to file a reply by Monday, September 4, 2023," the bench of Presiding Officer Justice Tarun Agarwala and Technical Member Meera Swarup said in their order passed on Wednesday. The matter will be listed for final disposal on September 8, the appellate tribunal said in its order uploaded on its website on Thursday. Goenka moved SAT last week challenging capital markets regulator Sebi's confirmatory order passed on August 14. In its order, Sebi restrained Goenka and his father Subhash Chandra from holding the

Punit Goenka appeals before SAT for relief from Sebi's Aug 14 order

The Zee Ent promoter has been barred holding key positions in four group firms and merged entity

Sebi bars Punit Goenka from holding key post in Zee-Sony merged entity

According to Sebi's order, Goenka will remain barred from holding key positions in the merged entity too

Zee Entertainment forms interim committee to run operations; shares up 6.3%

SAT directed SEBI to pass a final order by the middle of next month and asked Chandra and Goenka to defend themselves before the regulator

SAT dismisses plea by Zee's ex-chairman Chandra, CEO Goenka over Sebi ban

An Indian tribunal on Monday dismissed an appeal by former Zee Group Chairman Subhash Chandra and Zee Entertainment CEO Punit Goenka to lift the markets regulator's ban

SAT rejects Zee Entertainment promoters' appeal against Sebi order

Tribunal directs founders to respond within two weeks; asks Sebi to appoint new WTM to probe the matter