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Board approved preferential issue of up to 24.9 Cr convertible warrants to promoter group entity Sunbright Mauritius Investments at Rs 126/warrant (~Rs 3,144 Cr), representing up to 20% diluted equity, at a 16.3% premium to closing price. Also approved ESOP 2026 of up to 3.74 Cr options at Rs 126 each.
SEBI Bars Zee Entertainment Two Months, Goenka And Chandra Twelve Months
Zee Entertainment Shareholders Approve Rs 3,143.5 Crore Promoter Warrant Issue