ZEEL senior management to meet investors in Singapore from Sept 25-27
As per the company, these will be one-on-one and group meetings
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Published: Sep 20, 2024 1:57 PM | 1 min read
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Zee Entertainment Enterprises Limited (ZEEL) is set to engage in a series of one-on-one and group meetings with investors in Singapore from September 25 to September 27, 2024. The company notified the BSE on Friday.
The intimation of investor meeting on BSE reads, “We wish to inform you that the senior management of the Company will be having multiple one to-one and group meetings with the investors from Wednesday, September 25, 2024 to Friday, September 27, 2024 in Singapore.”
This intimation follows Star India’s filing of a Statement of Case against Zee Entertainment, seeking $940 million in damages related to the terminated ICC TV rights deal. The case is currently ongoing in the London Court of Arbitration, where the agreement has been declared terminated.
However, ZEEL refuted all claims and assertions made by Star, including the demand for damages, as communicated to the Securities and Exchange Board of India (SEBI). The company remains committed to contesting these claims vigorously as the arbitration proceedings continue.
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