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Zee's ₹3,143-crore fundraise may hinge on SAT relief after SEBI order
Zee Entertainment's ₹3,143-crore promoter fund raise may not be able to proceed until the company secures legal relief from the Securities Appellate Tribunal (SAT) or the expiry of SEBI's two-month market access ban, with the company expected to go to the tribunal soon.
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economictimes.indiatimes.com
Zee shareholders approve Rs 3,143 crore promoter fund infusion, ESOP plan
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%.…
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newsbytesapp.com
ZEE shareholders approve ₹3,140cr warrant issue amid SEBI roadblock
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.
