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Zee allotted 20.94 crore fully convertible warrants to promoter-group entity Sunbright Mauritius at ₹126 each, raising ₹659.76 crore upfront, with potential conversion into a 17.90% fully diluted stake within 18 months. Paid-up share capital is unchanged until conversion.
Zee Entertainment Secures Partial SAT Stay Enabling ₹3,100 Crore Warrants
SEBI Bars Zee Entertainment Two Months, Goenka And Chandra Twelve Months
Zee Entertainment Shareholders Approve Rs 3,143.5 Crore Promoter Warrant Issue
Zee Entertainment Approves ₹3,143 Crore Warrant Issue to Promoter Entity