The resignation comes at a time when closing of the company’s accounts for FY22 has not been completed. In its statement to the SEC, Azure expressed inability to give a timeline for submission of its annual report on ‘Form 20-F’ for the financial year ending March 2022. “The company reiterates that it is working in close consultation with its advisers to close its annual accounts,” it said.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The