INSUBCONTINENT EXCLUSIVE:
Zee Entertainment Enterprises' shareholders want to hold extraordinary general meetingZee Entertainment Enterprises said on Wednesday its
top shareholders had approached National Company Law Tribunal (NCLT) asking the media and entertainment company to hold an extraordinary
filed a petition with the NCLT's Mumbai bench, the company said in a filing to the exchange.The investors had earlier this month asked Zee
to remove Chief Executive Officer Punit Goenka and two directors from the board and to appoint independent directors.Meanwhile, Zee last
week signed a merger deal with Sony Group Corp's India unit to create the country's largest broadcaster, with Mr Goenka set to become
the merged entity's managing director and chief executive officer.Zee, in a separate filing on Wednesday, disclosed that Invesco and OFI
Sony deal was "symptomatic of the erratic manner in which important and serious decisions have been handled at the company," a section of
media had reportedInvesco and OFI did not immediately respond to Reuters' requests for comment.
