Zee Entertainment Enterprises Ltd has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, paving the way for ZEE's merger with Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India.
“The company and IndusInd Bank Ltd have entered into a settlement agreement by which all disputes and claims have been settled between the company and IndusInd Bank Ltd,” ZEE said in a regulatory filing on Wednesday.