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24 August 2026 at 2:20 am
Summary
Zee Entertainment Enterprises Ltd has allotted Rs 2,639 crore worth of convertible warrants to a promoter group entity, Sunbright Mauritius Investments Ltd, raising Rs 660 crore upfront. This move, following regulatory approvals, is expected to significantly increase the promoter group's holding and resolve a prolonged fundraise overhang.
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