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Zee Entertainment Enterprises Ltd News

Zee Entertainment gains 7% as board to consider fund raising on July 16

On June 3, ZEEL's the board had considered and given its in-principle approval for raising funds by up to Rs 2,000 crore.

Zee Entertainment gains 7% as board to consider fund raising on July 16
Updated On : 12 Jul 2024 | 11:49 AM IST

Bombay HC directs Subhash Chandra to furnish documents sought by Sebi

Zee founder had filed writ petition against regulator's summons in fund diversion case

Bombay HC directs Subhash Chandra to furnish documents sought by Sebi
Updated On : 26 Jun 2024 | 6:06 PM IST

Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media

Maverick Media is promoted by Vistaar Entertainment and focuses on expanding the large-screen cinema experience across India

Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media
Updated On : 24 Jun 2024 | 6:03 PM IST

ZEE can withdraw its merger implementation application: NCLT

ZEEL had filed the application following the termination of the merger agreement by Culver Max and Bangla Entertainment on January 22, citing a breach of the merger cooperation agreement

ZEE can withdraw its merger implementation application: NCLT
Updated On : 24 Jun 2024 | 3:09 PM IST

Bombay High Court adjourns hearing on appeal by Subhash Chandra to June 26

Chandra had filed an appeal against the order and summons by Sebi in the alleged fund diversion matter in Zee Entertainment Enterprises

Bombay High Court adjourns hearing on appeal by Subhash Chandra to June 26
Updated On : 19 Jun 2024 | 11:16 PM IST

Stock market guide Jun 19: GIFT Nifty atop 23,600; Experts see more upside

All you need to know before the stock market opens on Wednesday, June 19: FIIs up index long futures; Nifty up over 1,000 points so far in June; Voda Idea, Indus Towers stocks in focus today.

Stock market guide Jun 19: GIFT Nifty atop 23,600; Experts see more upside
Updated On : 19 Jun 2024 | 7:21 AM IST

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'

Mukund Galgali, the head of Zee's commercial and strategic initiatives, has been with the group for 17 years. He will assume responsibilities as acting CFO from Wednesday

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'
Updated On : 18 Jun 2024 | 8:02 PM IST

Zee's board gives in-principle approval to raise funds up to Rs 2,000 crore

This announcement comes after Sony India terminated its merger agreement with Zee Entertainment worth $10 billion in January this year

Zee's board gives in-principle approval to raise funds up to Rs 2,000 crore
Updated On : 06 Jun 2024 | 5:57 PM IST

Zee Entertainment to raise nearly $240 million, to use funds for growth

Zee said it will use the funds to "enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape"

Zee Entertainment to raise nearly $240 million, to use funds for growth
Updated On : 06 Jun 2024 | 2:59 PM IST

ZEE Entertainment plans to raise funds through issue of shares, QIPs

Leading broadcaster Zee Entertainment on Monday said it is planning to raise funds from the market through various routes, including issuing of equity of shares, and qualified institutions placements (QIPs). Though the company has not specified the amount it plans to raise, Zee Entertainment Enterprise Ltd (ZEEL) in a regulatory filing said its board is meeting on June 6 to consider the proposal for this. "A meeting of the Board of Directors of the Company is scheduled to be held on... June 6, inter-alia, to consider raising of funds by way of issuance of equity shares and/or any other eligible securities (convertible/non-convertible) through permissible modes..." it said. This will be not limited to a private placement, a QIP, a preferential issue, or any other method or combination of methods subject to such approvals as may be required, the filing said. This latest round of fundraising is after the Sony Corporation terminated a deal to merge its two entertainment entities in Ind

ZEE Entertainment plans to raise funds through issue of shares, QIPs
Updated On : 03 Jun 2024 | 7:57 PM IST

Urge stakeholders to stand against threat to press freedom: Subhash Chandra

He also said that there have been structured attempts against it by the governing class

Urge stakeholders to stand against threat to press freedom: Subhash Chandra
Updated On : 03 Jun 2024 | 3:11 PM IST

After collapse of merger talks, Zee seeks $90 mn termination fees from Sony

Zee said it has, on account of Culver Max's and BEPL's breaches under the merger cooperation agreement, terminated the agreement by issuing a letter dated May 23

After collapse of merger talks, Zee seeks $90 mn termination fees from Sony
Updated On : 23 May 2024 | 8:53 PM IST

Shares of Zee Ent zoom over 5% on delivering profits in Q4, rising revenues

Shares of Zee Entertainment soared up to 5.2 per cent at Rs 141.65 per share on the BSE in Saturday's intraday trade. The hike in the stock prices came after the company delivered a turnaround

Shares of Zee Ent zoom over 5% on delivering profits in Q4, rising revenues
Updated On : 18 May 2024 | 9:42 AM IST

Zee Entertainment Q4 results: Posts consolidated net profit of Rs 13.35 cr

Zee Entertainment Enterprises Ltd on Friday reported a consolidated net profit of Rs 13.35 crore in the March quarter. The company had posted a consolidated net loss of Rs 196.03 crore in the same period of the previous fiscal, Zee Entertainment Enterprises (ZEEL) said in a regulatory filing. Consolidated total income in the quarter stood at Rs 2,185.29 crore as against Rs 2,126.35 crore in the corresponding period a year ago, it added. In the fourth quarter of FY24, domestic advertising revenue grew 10.6 per cent year-on-year driven by the continued recovery in macro advertising environment and spending pickup by FMCG clients, while subscription revenue growth was driven by pick up in linear subscription, the company said in an investor presentation. Total expenses in the fourth quarter were lower at Rs 2,043.76 crore as compared to Rs 2,083.35 crore in the year-ago period. The board of directors has recommended a final dividend of Re 1 per equity share having face value of Re 1

Zee Entertainment Q4 results: Posts consolidated net profit of Rs 13.35 cr
Updated On : 17 May 2024 | 6:15 PM IST

Q4 results today: NHPC, ZEEL, Pfizer among 116 firms to post earnings today

Q4 FY24 company results: Delhivery, JSW Steel, Godrej Industries, Bandhan Bank and many more companies are slated to release their fourth-quarter earnings

Q4 results today: NHPC, ZEEL, Pfizer among 116 firms to post earnings today
Updated On : 17 May 2024 | 11:12 AM IST

Zee Entertainment hits over four-year low; tanks 52% thus far in CY 2024

Analysts at Emkay Global Financial Services said Zee's near-term performance is likely to further deteriorate from current levels

Zee Entertainment hits over four-year low; tanks 52% thus far in CY 2024
Updated On : 07 May 2024 | 2:33 PM IST

Zee Media Corporation terminates CEO Abhay Ojha; Idris Loya to take over

Zee Media Corporation Limited said it had confirmed the cessation of employment of chief executive officer (CEO) Abhay Ojha with effect from May 4, 2024

Zee Media Corporation terminates CEO Abhay Ojha; Idris Loya to take over
Updated On : 06 May 2024 | 4:34 PM IST

ZEEL announces streamlined structure, Goenka to oversee critical verticals

ZEE Entertainment Enterprises Ltd on Wednesday announced a streamlined organisational structure with its MD and CEO Punit Goenka assuming direct charge of critical verticals, including domestic broadcast business. Under the new organisational structure approved by its board, ZEE Entertainment Enterprises Ltd (ZEEL) will have four key business segments -- broadcast, digital, movies and music. Punit Goenka's brother Amit Goenka, who currently heads the digital business has been given additional charge of the international broadcast, enterprise technology, broadcast operations and engineering. He will also take direct charge of original content, including movies, the company said in a statement. In the domestic broadcast business, Siju Prabhakaran, who has led the South cluster of channels, will take additional responsibility of the West cluster. Similarly, Samrat Ghosh, head of East cluster of channels, will take additional responsibility of North and Premium clusters. Ruchir Tiwari

ZEEL announces streamlined structure, Goenka to oversee critical verticals
Updated On : 17 Apr 2024 | 7:08 PM IST

Zee-Sony deal: ZEE withdraws merger implementation application from NCLT

The Zee statement said the Board took the step based on legal advice after a detailed consultation with legal experts

Zee-Sony deal: ZEE withdraws merger implementation application from NCLT
Updated On : 16 Apr 2024 | 8:15 PM IST

Zee's plan to gun for growth on its own holds perils as well as promise

Analysts are waiting for a big move on the free-to-air market, either by going back on DD Freedish or by doing a big deal with YouTube, the largest video platform

Zee's plan to gun for growth on its own holds perils as well as promise
Updated On : 15 Apr 2024 | 10:23 PM IST