Zee Entertainment's ₹3,144 crore warrant issuance to promoters faces uncertainty following SEBI's market ban order, despite shareholder approval for the preferential allotment.

The issue raises up to ₹3,143.52 crore; promoter stake to rise to 23.79%

Zee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, paving the way for higher promoter ownership of 23.79%.…

MUMBAI: Zee has won shareholder approval to issue convertible warrants to its promoters, clearing the 75% threshold required under Indian company law by a narrow 1.6 percentage…

Zee Entertainment's promoter fundraise faces regulatory hurdles after Sebi's market ban. The company and its top executives are prohibited from securities dealings for a year. …

Zee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year over an unauthorised property…