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Jun 17, 2025
Zee Entertainment's stock rises by almost 4%
Zee Entertainment's stock got a nice bump—up nearly 4%—after the company announced it's raising ₹2,237.44 crore from its own promoter group.
The move is meant to strengthen Zee's finances and keep it competitive in the fast-changing media world.
TL;DR
Zee to issue 17 crore convertible warrants
Zee plans to issue around 17 crore convertible warrants to two promoter entities, which will raise their stake in the company to 18.4%.
This fresh cash will help Zee focus on its core business and chase new growth opportunities in entertainment.
It's a clear signal that Zee wants to stay ahead of the curve and invest in its future.