Sectorally, all but the Nifty Realty index ended the session in the green led by the Nifty Auto index (up 3.4 per cent).
ZEEL says Invesco had approached Punit Goenka, its managing director and chief executive officer, with a merger proposal.
Proposal would have led to Rs 10,000-cr loss to shareholders, says firm
In its letter on Monday, Invesco said the lack of clarity around key aspects of the Zee-Sony announcement should concern all shareholders
Invesco has in Indian tribunal hearings said it's not against the Zee-Sony plan, but its filing does criticize how the two entered into talks.
On October 2, ZEEL said it has moved the Bombay High Court against the requisition of minority shareholders Invesco and OFI Global China Fund, to convene an EGM
NCLAT directs NCLT to allow Zee a reasonable and sufficient opportunity to file reply
Business Standard brings you the top headlines on Thursday
NCLT order directing Zee to reply within two days violated principles of natural justice, said NCLAT
The bench told ZEEL's counsel that they have all the time to appeal before NCLAT that would have required hundreds of pages but did not have the time to reply with 3-4 pages before the NCLT
In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively
Zee says Invesco did not seek CCI approval for naming six nominee directors on its board; lawyers say consent not required for less than 10% stake acquisition
Subhash Chandra alleges Invesco is gunning for illegal takeover of his media company.
Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
The company is also calling for a stay on the proceedings in NCLT till the matter is decided in the appellate tribunal
Business Standard brings you the top headlines on Wednesday
Zee seeks more time to file reply on Invesco's arguments for convening an EGM
The comments show the battle between the company and its largest investors is set to worsen
Zee argues that Invesco's plea should be dismissed as the petition is seeking ad-interim relief as its final relief
The tribunal, on Tuesday, said it cannot give Zee Entertainment Enterprises 'weeks and weeks' of time for filing its reply