* ZEEL clarifies a news item regarding layoffs after the failed Sony merger. * The company is re-modelling and integrating its business divisions for a more agile structure. * This optimization is an ongoing exercise based on business dynamics. * A press release on April 5, 2024, announced a 15% workforce rationalization across the company. * ZEEL affirms compliance with SEBI (LODR) Regulations, 2015.
