Zee to raise Rs 2,200 crore from promoter group entities
Tuesday, 17 June 2025 () Zee Entertainment Enterprises will raise Rs 2,237 crore from its promoters through convertible warrants to bolster growth plans after the failed Sony merger. This infusion will significantly increase the Subhash Chandra family's stake in Zee to 18.39%. The company aims to stabilize operations, invest in digital growth, and build its core business, with shareholder approval sought on July 10.
Zee Entertainment has approved the issuance of up to 16.95 crore fully convertible warrants to promoter group entities at Rs 132 each, raising Rs 2,237 crore. Zee News
This fresh infusion of funds from promoters will enable the company to further fortify its core business segments and strengthen its financial foundation to... DNA
Tuesday, 17 June 2025 ()
