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Earlier, the NCLT had directed NSE and BSE to reconsider their prior approvals for the merger of ZEEL and Culver Max Entertainment (earlier known as Sony Pictures Networks India).
ZEE merger: NCLT had directed bourses NSE and BSE to reconsider prior nod for ZEE's merger with Culver Max Entertainment (earlier known as Sony Pictures Networks India). ZEE had challenged the NCLT's order
Why has the fund not chosen to sell out completely; the Zee-Sony merger might be the reason to see if the stock price can look up