Zee Entertainment seeks approval to issue warrants worth ₹3,144 crore
Published on: July 10, 2026, 1:12 p.m. | Source: scanx.trade
Zee Entertainment Enterprises Limited has called an EGM on July 31, 2026, to seek approval for issuing up to 24,94,85,563 fully convertible warrants to Sunbright Mauritius Investments Limited at ₹126 per warrant, aiming to raise ₹3,143,51,80,938. The funds will be used for sports rights, content, technology, and potential M&A over FY27-FY29. Shareholders will also vote on the 'Truly Yours' ESOP plan granting 3,74,22,835 options.
