Tag Archives: Diligent Media Corporation Limited (DMCL)

ZEEL gets HC approval to demerge DMCL media business

Zee Entertainment Enterprises Limited (ZEEL) has received approval from Mumbai High Court to demerge Media Business Undertaking (MBU) of Diligent Media Corporation Limited (DMCL) and vest with Zee Entertainment.  The undertaking comprises media and entertainment business, event management activities, TV channel license and TV reality show formats for game based shows. Equity shareholders of DMCL [...]