BSE questions ZEEL about stocks going up after news of attempt to revive Sony deal
A news report claimed that Zee stock gained 4% following reports of an attempt to revive the merger deal with Sony
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Published: Feb 20, 2024 6:36 PM | 1 min read
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The Bombay Stock Exchange (BSE) on Tuesday sought clarification from Zee Entertainment Enterprises Ltd (ZEEL) on a news report claiming that Zee stock gained 4% following reports of an attempt to revive the merger deal with Sony.
In a notification, the BSE stated, “The exchange has sought clarification from Zee Entertainment Enterprises Ltd (ZEEL) with reference to news that Zee stock gains 4% on reports of attempt to revive $10-billion Sony deal.”
ZEEL’s reply to the BSE is awaited.
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