Key Points
Shares of Zee Entertainment Enterprises (ZEEL) rallied 8% to Rs 197.7 in Tuesday's intra-day trade on BSE after the National Stock Exchange (NSE) withdrew the decision to exclude Zee Entertainment Enterprises from the futures and options segment...
"In addition to existing contracts with expiry months of March 2023 and April 2023, the futures and options contracts with May 2023 expiry shall also be made available for trading from February 28, 2023," it added...
The move comes after the National Company Law Appellate Tribunal (NCLAT) on Friday granted interim relief to the media firm by staying the bankruptcy proceedings against it...
Last week, the exchange issued a circular stating the decision to exclude the stock from the derivatives segment following the bankruptcy boards move to admit the media company for insolvency proceedings...
The National Company Law Tribunal (NCLT) on Wednesday admitted an insolvency petition filed by IndusInd Bank against Essel Groups listed companies, Zee Entertainment, and Siti Network...
You might be interested in
Zee Entertainment Returns To F&O Segment After NCLAT Relief
28, Feb, 23New futures and options contracts of the company will be available by Feb. 28.
NCLT dismisses IDBI Bank's insolvency plea against Zee Entertainment
19, May, 23The National Company Law Tribunal on Friday dismissed IDBI Bank's insolvency plea against Subhash Chandra promoted Zee Entertainment Enterprises Ltd (ZEEL). ZEEL is in the process of a merger with Sony Pictures Network India (SPN). On December 22, 2021, ZEE and SPN signed a definitive agreement to merge the two companies. The proposed merger will see ZEE merging into SPN and, after closing, the merged company will be publicly listed in India.
Bank Nifty F&O expiry day changed to Friday from Thursday; July 14 to be first Friday expiry
06, Jun, 23Bank Nifty F&O Expiry Day: All existing contracts with Thursday expiry will be revised to Friday by the end of the day on July 6 and If Friday is a trading holiday then the expiry date will be the previous trading day.
Zee Entertainment Shares Extend Fall After Insolvency Admission
24, Feb, 23Zee Entertainment's shares, which have lost about 20% so far this year, are on track for their fifth straight session of losses.
Zee Entertainment, IndusInd settle payments issue, NCLAT disposes of appeal
03, Jul, 23Zee Entertainment and IndusInd Bank on Monday announced that all the due payments have been settled between the two entities, as per media reports. Therefore, the National Company Law Appellate Tribunal (NCLAT) has disposed of the appeal. The two companies had informed NCLAT that they have reached a settlement in relation to their payment dispute, paving way for the Sony deal, in March 2023.
Booster Shot! Settlement with IndusInd Bank lifts Zee Ent shares to 1-month high
29, Mar, 23The insolvency plea by IndusInd Bank against Zee had raised questions over the smooth merger of the company with Sony Pictures, which was already delayed due to regulatory requirements. In February alone, shares of Zee Entertainment lost nearly 14% of its value.
Zee Entertainment sinks over 14% on insolvency admission
23, Feb, 23India Business News: Zee provided commitments for funding shortfalls in debt service reserve account related to certain financial facilities availed from banks by Siti, mu
NCLT lets IPRS withdraw its insolvency plea against ZEE
16, Mar, 23The media firm on Thursday informed the exchanges that Zee and IPRS have amicably settled all the disputes and claims between the two
NSE scraps plan to shift the expiry of Bank Nifty to Friday
28, Jun, 23The decision was taken after BSE requested them to consider shifting the Bank Nifty expiry to any day other than Friday, the release said. In a bit to revive its derivatives segment, BSE had relaunched its future & options (F&O) contracts on Sensex and Bankex on May 15, 2023, with weekly and monthly expiry happening on Friday. NSE's Nifty and Bank Nifty contracts expire on Thursday.