Top Story

e4m_logo.png

Home >> Media - TV >> Article

Zee Telefilms gets HC nod for merger scheme, sees process complete by February 2007

18-November-2006
Font Size   16
Share
Zee Telefilms gets HC nod for merger scheme, sees process complete by February 2007

Zee Telefilms Ltd on Friday announced the approval of its demerger scheme by the Bombay High Court. This approval has paved the way for setting the record date for the demerger of the cable and distribution into Wire & Wireless India Ltd (WWIL) and news and regional broadcasting businesses into Zee News Ltd (ZNL).

The record date is likely to fall in the later half of December.

Shareholders of Zee as on the record date shall be allotted shares in WWIL and Zee. The respective companies would then be applying for listing of such shares to the BSE, NSE and CSE in compliance with SEBI guidelines. Zee expects this process to be completed by February 2007.

Zee Telefilms stock closed at Rs 336.05 with a marginal increase of 0.9 per cent opening at Rs 334.90 on November 17.

Tags

Karthik Raman, Chief Marketing Officer, IDBI Federal Life Insurance, on the brand’s unconventional approach to marketing and priorities for the next year

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Conceptualised and executed by WATConsult, the campaign focuses on how Lotus Make-up is an enabler for women from various walks of life

iProspect released the third annual 2018 Future Focus Whitepaper geared to examine how machines and technology will impact marketing and advertising in the year ahead

Mavcomm Consulting one of India’s leading Public Relations, Reputation Management& Brand Communications company today announced elevation of Pranjal Dutta to the role of CEO