ZEEL share price jumps 15% after NCLT approval to ZEE-Sony merger
Zee-Sony merger: After the news break by various television channels in regard to Zee-Sony merger, Zee Entertainment Enterprises Limited or ZEEL share price witnessed huge buying interest and ZEEL share price ascended from intraday low of ₹239.05 apiece to intraday high of ₹278.55 apiece within few minutes of of this stock market news spread. Comparing with Wednesday close of ₹242.25 per share levels, ZEEL share price today logged an intraday gain of around 15 per cent during Thursday deals.
NCLT on Thursday, as per various TV reports, approved the merger between an Indian unit of Japan's Sony and India's Zee Entertainment , granting a key regulatory approval in the merger, which was announced in 2021 but has been delayed for multiple reasons. (This is a developing story.
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