Zee Entertainment Enterprises (ZEE) has approved a preferential issue of up to 24.95 crore fully convertible warrants to Sunbright Mauritius Investments Limited, a promoter group entity, at ₹126 per warrant, raising up to ₹3,143.52 crore. Each warrant can be converted into one equity share within 18 months of allotment. The issue is subject to shareholder and regulatory approvals.The Board also approved the introduction of ESOP 2026, an employee stock option scheme covering up to 3.74 crore options, with each option convertible into one equity share at an exercise price of ₹126 per share, subject to shareholder approval.Published on July 1, 2026