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Zee unaware of Sony's board meeting, still committed to merge.
short by / on Saturday, 20 January, 2024
Zee responds to Sony's undisclosed board meeting, emphasizing commitment to the merger. seeking an extension for the merger, originally set for 21/12/23. The delay stems from addressing concerns over Zee CEO Punit Goenka's leadership role, linked to a regulatory probe. Despite NCLT approval in August 2023, uncertainties persist as Zee navigates governance issues amid the ongoing investigation.
read more at Bit