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No such transaction being undertaken, Zeel refutes reports of merger

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New Delhi: Putting speculation to rest, the entertainment giant Zee Entertainment Enterprises Ltd (Zeel) on Monday said, there are no merger talks underway with Viacom18, as reported by a leading English daily.

“We herewith confirm that there is no such transaction being undertaken and the matter is speculative in nature. This is for your information and records,” Subhash Chandra’s Essel group owned media company posted on the Bombay Stock Exchange (BSE) on Monday.

The statement comes in the wake of a report published by Livemint, about a potential merger between Viacom18 Media Pvt Ltd and Zee Entertainment Enterprises Ltd (Zeel) through a share swap deal.

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According to the report, the merger was proposed to be done through a share swap deal. “The talks started a few weeks ago, and the deal is unlikely to involve any cash transaction,” reported the publication.

Founded by Essel Group’s Subhash Chandra, Zee Entertainment Enterprises Ltd is majority-owned by foreign institutional investors – Investco Oppenheimer Developing Markets Fund and Ofi Global Fund China LLC. The company is run by Chandra’s son and CEO & managing director Punit Goenka.

Earlier in the day, Zeel spokesperson had also refused to confirm or deny the speculative news item. Said a Zeel corporate official:“The company does not comment on speculation and rumours.” 

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Sony PAL to air Sankat Mochan Hanuman from May 4 at 9 PM

Mythological series brings Lord Hanuman’s tale of devotion and courage back to TV

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MUMBAI: Sony PAL is set to bring back the timeless mythological series Sankat Mochan Hanuman, with its premiere scheduled for May 4 at 9 PM. The show revisits the legendary journey of Lord Hanuman, offering viewers a chance to reconnect with one of Indian mythology’s most revered figures.

Centred on themes of devotion, courage and righteousness, the series traces Hanuman’s unwavering loyalty to Lord Ram and his fearless stand against evil. With its mix of dramatic storytelling and visually rich sequences, the show aims to deliver both entertainment and spiritual resonance, appealing to audiences across age groups.

The narrative unfolds as a larger-than-life saga, positioning Hanuman as the ultimate protector and a symbol of strength and selfless service. His journey, rooted in faith and duty, continues to strike a chord with viewers, making the series as relevant today as ever.

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The cast features Gagan Malik as Lord Ram, Debalina Chatterjee as Sita, Nirbhay Wadhwa in the titular role, and Saurav Gurjar as Raavan. Their performances bring depth and authenticity to characters deeply embedded in Indian cultural memory.

With its return to television, the show is positioned as more than just a rerun. It taps into a renewed appetite for mythological storytelling, blending nostalgia with timeless values.

As audiences increasingly seek content that resonates beyond entertainment, ‘Sankat Mochan Hanuman’ offers a familiar yet powerful narrative, reminding viewers that stories of faith and courage never really go out of style.

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