Zee Entertainment board approves ₹2,237 Crore promoter infusion
ZEEL approved issuing up to 16.95 crore fully convertible warrants to promoter entities at ₹132 each, raising ₹2,237.4 crore.
The funds aim to strengthen financials and support growth in content and technology. Promoters’ stake will rise to 18.39%, with the warrant price exceeding SEBI’s floor.
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