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On the merger front, the management has said it is awaiting order from National Company Law Tribunal that will pronounce its order on Zee's merger with Sony on August 10
In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.
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This development follows the tribunal’s prior directive to appoint another whole-time member of Sebi to issue a final order on the matter.
Subhash Chandra has also put forward a proposal to buy other assets, including shares in the educational company Zee Learn Ltd and three properties