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According to a filing by Zee, Sony Pictures Networks India Pvt. will control 50.86 percent of the merged entity, while Essel (Zee's current holding company) will possess 3.99 percent.

Sony, Zee sign merger agreement, Punit Goenka to lead combined company

Puneet Goenka is the managing director (MD) and chief executive officer (CEO) of ZEE Entertainment Media Company.

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Sony, Zee sign merger agreement, Punit Goenka to lead combined company

ZEE Entertainment’s largest investors seek removal of Puneet Goenka and other ind directors from board