Invesco’s demand for an EGM for the removal of Punit Goenka as a Director at Zee Entertainment and re-constitution of the board is likely to open a war between the activist investor and promoter Essel Group. Here’s a look at Essel Group’s possible strategy…

Now that a white knight has come to the rescue of Zee MD & CEO Punit Goenka from investors who sought his removal from the board, the company’s shareholders may get influenced by the announcement of a proposed merger with Sony to make a media behemoth.

Now that a white knight has come to the rescue of Zee MD & CEO Punit Goenka from investors who sought his removal from the board, the company’s shareholders may get influenced by the announcement of a proposed merger with Sony to make a media behemoth.

Invesco moved NCLT against Zee Entertainment for not announcing a date for an EGM sought by the US fund to reconstitute the board of the media company and oust its chief executive and managing director Punit Goenka.

Invesco calls Zee's disclosure a delaying tactic

Punit Goenka, who will be leading the merged entity, estimates eight to 10 months for the merger process to complete. Here’s a look at the process ahead.

Sinha, who also represents the Advertising Agencies Association of India as its Board member, has played a key role in setting up BARC