Invesco withdraws EGM requisition for ZEE’s board reconstitution, reiterates support for Zee-Sony merger - Economic Times

In its requisition, the offshore investor had asked ZEEs board to conduct an extraordinary general meeting (EGM) of the shareholders to vote on removal of Goenka and two other directors – who have quit since then – and induction of six new independent directo…

A day after winning its appeal in the Bombay High Court against Zee Entertainment Enterprises (ZEE), Invesco Developing Markets Fund (Invesco) has decided to withdraw its requisition notice, which so… [+2634 chars]

full article...