Invesco wanted ZEE’s merger with a ‘large Indian group’, EGM call in retaliation, alleges Punit Goenka

Without naming the group, Goenka informed the board Tuesday that two representatives of Invesco - Aroon Balani and Bhavtosh Vajpayee – presented a merger deal to him involving ZEE and “certain entities” owned by the large Indian group (strategic group) on February 23, 2021.

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