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Zee Entertainment shares rise 4% as board approves ₹2,300 crore fundraise
The ₹2,300 crore fund will be raised in one or more phases/tranches to boost the strategic and business initiatives. Further, the board decided to deliberate further on options for raising funds
Zee Entertainment Shares Jump 4% As Board Approves Rs 2,300-Crore Fundraising Plan
Zee Entertainment Shares Jump 4% As Board Approves Rs 2,300-Crore Fundraising Plan
Zee Ent gains after board clears plan to raise at least Rs 2,300 crore
Zee Entertainment Enterprises advanced 1.79% to Rs 104.89 after the company's board approved a proposal to raise minimum of Rs 2,300 crore to support strategic and business initiatives.
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.
Zee secures 12+ brands for FIFA World Cup 2026 ads; Apple, Mahindra and Diageo lead list
Zee Entertainment Enterprises has partnered with more than 12 brands for the FIFA World Cup 2026, attracting strong advertiser interest. Details here.
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.
Zee Entertainment to raise $241 million for stategic initiatives
Zee Entertainment is all set to gather 23 billion rupees to fuel its ambitious business strategies, following a significant win in securing the broadcast rights for the 2026 FIFA World Cup in India.