The Zeel MD and CEO raised pertinent questions on corporate governance obligations of institutiona
Invesco had released an Open letter calling the Sony-Zeel merger a 'camouflage'
The company released a statement on Wednesday.
Earlier, the NCLT had given Zeel time till 22 October to file its reply.
The deal would have left existing shareholders with 40% and Reliance with 60% stake in the merged