MoneyWorks4Me

Zee Entertainment gets nod to increase FII limit up to 100%

25 Jul 2013 Evaluate

Zee Entertainment Enterprises (ZEE) has received its shareholders’ approval to increase FII limit to up to 100%. At present, the promoters holding in the company stood at 43.11%, while institutions and non-institutions held 50.34% and 6.55% stake in the company, respectively.

Zee Entertainment is India’s largest vertically integrated media and Entertainment Company. Its portfolio consists of brands like Zee TV, Zee Cinema, Zee Music, Zee Café, Zee Smile, Zee Action, Zee Premiere, ETC, ETC Punjabi, TEN Sports, Zee Studio, Zee Classic, Zee Trendz, & Zee Sports.

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