Zee Entertainment allots ₹2,639 crore fully convertible warrants to promoter
- Zee Entertainment allotted 20,94,47,805 fully convertible warrants to Sunbright Mauritius Investments Limited - Total issue price is ₹126 per warrant, with ₹31.50 received as subscription amount - Sunbright can convert warrants into equity shares within 18 months of allotment - Allotment follows…
Zee Entertainment has allotted 20,94,47,805 fully convertible warrants to its promoter group entity, Sunbright Mauritius Investments Limited. The allotment, completed on August 21, 2026, carries a total issue price of ₹126 per warrant. The company re... [7590 chars]