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CYQUATOR MEDIA SERVICES
Sebi fines Zee promoter Rs 4 lakh for violating takeover regulationsSEBI has fined Cyquator Media Services ₹4 lakh for violating takeover regulations. The ZEEL promoter failed to disclose the creation and in...
SC agrees to hear IDBI Trusteeship Services’ appeal, issues notice to Essel group entitiesThe Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on t...
NCLAT dismisses IDBI Trusteeship plea for insolvency against Essel group entity Cyquator Media ServicesA two-member bench of the appellate tribunal observed that the default, claimed by IDBI Trusteeship, had happened during June 2020, which i...
Sebi penalises ZEEL promoter entity for disclosure lapsesSebi has penalised Cyquator Media Services, a promoter entity of ZEE Entertainment Enterprises Ltd (ZEEL), for certain disclosure lapses. A...
Insolvency plea against Essel entity Cyquator dismissedIn its petition against Cyquator Media, IDBI Trusteeship had invoked the provisions of Section 7 Insolvency and Bankruptcy Code read with R...
Yes Bank vs Dish TV: Bombay HC asks NCLT to expedite hearingIn an oral order, the division Bench of Justices SV Gangapurwala and RN Laddha directed the tribunal to hear the petitions filed by the pri...
ZEEL's two promoter entities settle case with Sebi; pay over Rs 9 lakh as settlement amountSebi had conducted an examination in the matter pursuant to receipt of letters from the Chief Compliance Officer of Zee Entertainment Entre...
Sebi fines Kotak AMC, its MD Nilesh Shah and 5 other officials for violation of rulesThe regulator has alleged irregularities in certain fixed maturity plans (FMPs) of Kotak AMC. The investment objectives of these schemes we...
Axis Finance drags Essel promoters to HC over unpaid duesIn its petition, a copy of which ET has seen, Axis Finance said it had lent ₹100 crore to Cyquator Media Services, a promoter group firm of...
Axis Finance sends legal notice to ZEE, seeks ₹146-crore in duesDenying all the contentions of Axis Finance, ZEE has said in its response that neither the company nor its MD and CEO Punit Goenka are part...
Stocks in the news: HDFC Bank, RCom, DHFL, GCPL, NTPC, PI Industries and YES BankLenders to bankrupt Reliance Communications (RCom) are unlikely to agree to the current bids.
Sony, ZEE deal off for now amid valuation differencesSony submitted a non-binding term sheet & was seen as a stronger contender, but differences scuppered the deal.
Stocks in the news: Tata Steel, ZEEL, GVK Power, Mahindra Lifespace and Jet AirwaysThe committee of independent directors of Mindtree has appointed Khaitan and Co as legal counsel.
Zee Entertainment shares wobble after share sale by promotersEntities belonging to Subhash Chandra of Essel Group sold 76.35 lakh shares worth Rs 333 crore in Zee Entertainment in the open market.
Promoter entities sell Zee shares in open marketEssel group stocks crashed up to 33 per cent on January 25, 2019 .
Essel promoter entities sell shares worth over Rs 1,050 cr in 6 listed firmsEssel group raised Rs 874.11 crore through sale of stake in Zee Entertainment.
Essel Group strikes deal with lenders to avert pledged share crisisThe Aditya Birla Sun Life Mutual Fund is the biggest investor, with an exposure of Rs 2,936 cr.
YES not the only promoter to raise MF moneyIn a few cases, promoters have struck deals without technically ‘pledging’ the shares.
Cyquator Media to acquire 1% stake in ZEE from EsselEssel Media Ventures is also a part of the Zee Group.