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Zee Entertainment Enterprises climbs on getting nod to raise funds upto Rs 2000 crore

06 Jun 2024 Evaluate

Zee Entertainment Enterprises is currently trading at Rs. 151.40, up by 4.40 points or 2.99% from its previous closing of Rs. 147.00 on the BSE.

The scrip opened at Rs. 150.95 and has touched a high and low of Rs. 157.55 and Rs. 150.55 respectively. So far 2348750 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 299.50 on 12-Dec-2023 and a 52 week low of Rs. 126.15 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 160.00 and Rs. 126.15 respectively. The current market cap of the company is Rs. 14864.04 crore.

The promoters holding in the company stood at 3.99%, while Institutions and Non-Institutions held 54.63% and 41.38% respectively.

Zee Entertainment Enterprises has received approval for raising funds by way of issuance of equity shares and/or any other eligible securities (convertible/nonconvertible) through permissible modes in one or more tranches, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods, provided that the aggregate amount to be raised by issuance of such securities shall not exceed Rs 2000 crore and subject to such regulatory/statutory approvals, including approval of the shareholders, as may be required. This will enable the company to enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape.

The Board of Directors of the Company at its meeting held on June 6, 2024, has approved the same.

Zee Entertainment Enterprises is one of India’s leading television media and entertainment companies. It is amongst the largest producers and aggregators of Hindi programming in the world.


Zee Entertainment Share Price

81.06 0.85 (1.06%)
17-Apr-2026 16:59 View Price Chart
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