Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and further to the intimation dated July 16, 2024, Zee Entertainment Enterprises has informed that considering the receipt of remittance of USD 23900000 from Resonance Opportunities Fund, St. John’s Wood Fund and Ebisu Global Opportunities Fund (‘Investors’) towards subscription of 5% coupon, unsecured, unlisted, foreign currency convertible bonds of USD 1000 each maturing in 10 years (‘FCCBs’), the Securities Issue and Allotment Committee of the Company has considered and approved the allotment of FCCBs on a private placement basis to Investors.
The above information is a part of company’s filings submitted to BSE.
