The founder of Zee Entertainment Enterprises Limited (ZEEL), Dr Subhash Chandra spoke to Zee News Editor-in-Chief Sudhir Chaudhary on the most popular news programme DNA on the matter of ZEEL and Invesco.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The interview was aired LIVE at 9 PM on Zee News, all social media platforms and associated nation and regional TV channels.

WATCH FULL INTERVIEW HERE:-

The big interview comes a day after Dr Subhash Chandra - Founder, Zee Entertainment Enterprises Limited, himself came forward to clear the air on Invesco, ZEEL and Punit Goenka. The facts-laden statement by Dr Subhash Chandra - Founder, Zee Entertainment Enterprises Limited left no room for any confusion and left publishers of false and baseless reports red-faced.

What Dr Subhash Chandra said? FULL VIDEO

'Blood and sweat to ZEEL'

Commenting on the entire matter, Dr Subhash Chandra, said, "No matter who runs ZEEL but the company, to which I've and many of my friends have given their blood and sweat for the past 30 years, should be in the hands of someone under whose leadership the organisation should prosper and shareholders should be benefitted since I don't have any profit or loss associated with this."

Questions to the vested interests of someone

Also, taking on the media reports, Dr Chandra added, "I wanted to give an interview to my friends at CNBC and Moneycontrol but they won't take it neither run it because it seems although he is a friend of mine but has a vested interest in the entire matter; I don't know whatever it is but I wish God give him good sense and wisdom."

Questions to Invesco

Stating about the Invesco, Dr Chandra said, "Invesco is a good investor but in this case of ZEEL they are not revealing that what they will do after taking ZEEL, and in whose hands management will go?"

"You want to remove Punit Goenka? Okay, fine but what next? Have you done any deal with someone? The 6 directors given by them - what's their background? Do they have any relation with any particular company that wants to take over? Hence, Invesco should come out transparently and openly, and let the shareholders decide - whether they want to take the deal of Invesco or want to go with Sony's deal, "Dr Chandra said posing some really tough questions to Invesco.

Questions to regulators

On the regulators, Dr Chandra said, "The first and prime responsibility of the regulators is to protect the interest minority shareholders. So, they should ask Invesco that it should come out transparently. And, regulators should make sure that minority shareholders have both the things in hand to decide whether to vote for Invesco or Sony's deal with ZEEL."