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Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plans
Zee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolster its balance sheet. The media company also secured exclusive rights for FIFA events until 2034, including the 2026 and 2030 World Cups, amidst a challenging March quarter financial performance.
Zee Entertainment share price jumps 4% as board approves ₹2,300 crore fundraising plan
Zee Entertainment's share price rose 4% on June 11 after the board approved a ₹2,300 crore fundraising plan to support strategic initiatives. The stock reached a high of ₹107.12, while the company continues to explore fundraising options.
Stocks to Watch today: Lenskart, ZEEL, REC, PFC, Eternal, Airtel and more
Stocks to watch today: Lenskart, Zee Entertainment, REC, PFC, Eternal, Airtel, Tata Consumer Products, Vascon Engineers, Nuvama Wealth, Rajesh Exports, among others, will be in focus today.
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Stocks To Watch Today: Zee Entertainment, SBI, Honasa Consumer, IIFL Finance, PFC, REC
Stocks In News On Thursday.
Stocks to Watch for June 11: Zee Entertainment, Lenskart, Bank of Baroda and more
From Eternal receiving a GST demand order from the Deputy Commissioner (ST), State Special Circle-I, Andhra Pradesh to Deccan Gold Mines signing a definitive Earn-In, Option and Shareholders Agreement for the Logrosan Tungsten Project in Spain; here are some stocks to track ahead of Thursday's trading session.
Zee Entertainment approves Rs 2,300 crore capital raise
Zee Entertainment Enterprises Ltd is raising at least Rs 2,300 crore. This capital will fund new business ventures and strategic plans. The company recently secured FIFA media rights until 2034. This move strengthens its balance sheet. Zee is also investing in digital platforms like Bullet and PhantomFX. The fundraising follows a challenging financial quarter for the broadcaster.
Board of Zee Entertainment Enterprises approves raising capital of Rs 2,300 cr
At meeting held on 10 June 2026
Zee Entertainment plans to raise at least ₹2,300 crore for future growth
ZEEL board approves plan to raise at least 2300 crore in phases to fund strategic and business initiatives, including expansion after securing FIFA broadcasting rights
Ahead of FIFA World Cup, ZEEL ramps up Zee5 tech, anti-piracy measures
Zee Entertainment Enterprises is readying its streaming platform, Zee5, for the FIFA World Cup 2026. The company has enhanced its technology to handle millions of users simultaneously. It has also obtained a court order to combat online piracy in real time.
Zee appoints Tejkarran Singh Bajaj as Zee5 India business head
Zee Entertainment Enterprises Ltd (ZEEL) has appointed Tejkarran Singh Bajaj as Business Head for Zee5 India to bolster its digital business and monetization efforts. Bajaj will spearhead the streaming platform's strategy, focusing on content, user engagement, partnerships, and revenue growth. This move signals Zee's commitment to accelerating digital expansion amidst intense market competition.
'Need to leave cricket behind & find sports that are relevant'
Zee Entertainment is making a significant long-term bet on football. The company has secured FIFA media rights until 2034, including upcoming World Cups. This move signals a strategic shift away from the costly cricket market. Zee believes football, popular with young people, offers a valuable global sports property at a lower investment.