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‘Zee–Sony merger may finally see the light of the day’: Dolat Capital
Mumbai: Zee-Sony merger may finally see the light of the day, according to a note shared by Dolat Capital.
Here’s what the note states:
NCLT concludes hearing, reserves order; hopefully shall be positive
As per media, NCLT has today concluded the hearing going on since 6m on Zee-Sony matter and has reserved the order. NCLT order shall take one to three weeks’ time. We presume the NCLT order shall be positive since the matter was related to lenders in NCLT. As per Zee management, the company had either settled with lenders or the case was disposed of where Zee was remotely connected.
No immediate relief for Zee promoters from SAT
Separately, SAT has rejected the appeal of Zee’s MD & CEO Punit Goenka to stay the SEBI order directing him to cease to hold the position of a director or a KMP in any listed company or its subsidiaries until further orders.
Merger key positive
With or without Punit: Positive NCLT order on merger would be key. Merged entity will be under Sony’s control and they may have to look at an alternate MD & CEO instead of Punit, even if temporary. In a recent media interview, Punit confirmed that the merger shall not halt irrespective of the SAT outcome being against him is a respite.
Process post NCLT approval
Zee shall get the physical copy of order in 15 days post the order. It would then file with ROC for merger of Zee-Sony. Separately, it would go to SEBI for de-listing of Zee shares and re-listing of the merged entity. Post NCLT approval, the process shall take 2.5-3.5 months
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
