Summary
Zee Entertainment Enterprises Ltd (ZEEL) has allotted 20.94 crore fully convertible warrants to promoter group entity Sunbright Mauritius Investments Ltd, following board approval for a fundraising plan. The allotment, priced at Rs 126 apiece, translates to a total issue size of about Rs 2,639 crore, with 25% of the warrant issue price already received.