Zee Shareholders Approve $330 Million Capital Raise Before Indian Regulator Bars Company From Markets

Zee Shareholders Approve $330 Million Capital Raise Before Indian Regulator Bars Company From Markets

Zee approved $330M capital raise July 31; SEBI barred the company two months later for asset pledges to promoter-linked entities without disclosure. Governance lapses signal compliance risk on Zee's streaming and sports pivot, critical post-Sony merger collapse.