Keeping in view the current global scenario, India presents an exciting opportunity.
After Sony's merger termination, Zee approached the National Company Law Tribunal (NCLT) seeking direction on scheme implementation.
ZEEL informed that the Singapore Arbitration Centre denied Sony Group's plea to restrain ZEEL from moving to the NCLT for enforcing the merger.
Revenue reached ₹1,118.3 Crore, up 21.8 % year over year
Initiate on EFL with BUY recommendation and 12M target price of ₹603, at 55x FY26 EPS (27% potential returns).
This accomplishment comes just four months after Sterlite Power acquired the project.
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