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December 2024

From Published Accounts

By Himanshu Kishnadwala, Chartered Accountant
Reading Time 24 mins

Compiler’s Note

Key Audit Matters regarding:

  • Uncertainties on outcome of investigation conducted by SEBI and MCA
  • Litigation for termination of merger co-operation agreement
  • Litigation with Star India Private Limited for the ICC Contract

ZEE Entertainment Enterprises Ltd (31st March, 2024)

From Independent Auditors’ Report

Key Audit matters

Key Audit Matter   How our audit addressed the key audit matter  
Uncertainties on the ultimate outcome of the ongoing investigation being conducted by the Securities and Exchange Board of India (‘SEBI’) and the inspection being conducted by the Ministry of Corporate Affairs under Section 206(5) of the Act (Refer to notes 56 of the standalone financial statements)   The Company, one the current KMP and one of its subsidiaries is involved in the ongoing investigation being conducted by the Securities and Exchange Boar