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SAT allowed ZEEL and Punit Goenka to complete the promoter-group fully convertible warrant issuance, subject to depositing full penalties within one week, and extended the deadline by one week. Securities-market restrictions otherwise continue; mutual-fund transactions are permitted for ordinary-course needs, excluding dividend payments. Context: advances the pending capital raise.
Zee Entertainment Allots 20.94 Crore Warrants To Sunbright Mauritius Investments Limited
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