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In the January 16 letter, accessed by BT, Subhash Chandra urged the FM to "safeguard the interest of Zee Entertainment's minority shareholders."
Zee founder and promoter, Subhash Chandra, has asked for the Finance Ministry’s attention as he writes to Finance Minister Nirmala Sitharaman stating the market regulator of trying to “scuttle” Zee’s $10 billion merger with Sony (now Culver Max), , subhash chandra, zee entertainment, zee entertainment enterprises, ZEE-SONY Merger
The Securities Appellate Tribunal (SAT) has quashed the orders passed by the National Stock Exchange (NSE) and Central Depository Services (CDSL) directing Kotak Mahindra Bank not to invoke shares pledged by Arcadia Share & Stock Brokers.