ZEE Entertainment Enterprises Limited has announced the incorporation of ZEE UK Max Limited, a wholly owned step-down subsidiary company of the Company has been incorporated in UK.
Market Screener reports that the company has been set-up with the objective of Media & Entertainment Business to evaluate rationalization and restructuring. Its initial Share Capital: £25,000.00 divided into 25,000 Ordinary shares of £1.00 each fully paid-up.
It is not currently known if this move is linked to the merger with Sony.
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