Browsing: Crore

Market snapshot: Zee Entertainment Enterprises Limited has successfully allotted 20.94 crore fully convertible warrants on a preferential basis to promoter group entity Sunbright Mauritius Investments. This strategic financial move has immediately raised ₹659.76 crore, representing the initial 25% subscription money, with the remaining balance of 75% payable upon conversion into equity shares within 18 months.