Browsing: Crore

Market snapshot: The Securities Appellate Tribunal has granted Zee Entertainment’s promoter group a short extension to complete the subscription of approximately 2.40 crore warrants. Separately, Zee Group founder Subhash Chandra secured NCLT approval for a personal repayment plan, allowing him to settle ₹22,006.57 crore in admitted creditor claims for ₹6.5 crore.

Mumbai Falcons brings the F1 Sim Racing India Open to Kohima during the Tech X Gaming Expo 2026 at NBCC Convention Hall.

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The dispute over Ranveer Singh’s exit from “Don 3” has taken another turn, with the actor’s legal team reportedly submitting a formal defence against Excel Entertainment’s ₹45 crore compensation claim and asking the Indian Motion Picture Producers’ Association (IMPPA) not to intervene in the matter.

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.

Zee Entertainment allots 20.94 crore warrants to promoter entity Sunbright Mauritius at ₹126 each | Company Business News

1 min read | Published on 14 Aug 2026, 11:39 AM |Updated on 22 Aug 2026, 12:29 AM

The Bombay National Company Law Tribunal (NCLT) on August 19 admitted PEN India Pvt. Ltd.’s insolvency plea against Reliance Entertainment Studios Pvt. Ltd. over a default of Rs. 11.94 crore. A bench comprising judicial member Nilesh Sharma and technical member Sameer Kakar held that an amount advanced under a Security Deposit Agreement can constitute a…

Regal Entertainment & Consultants Limited convenes its 34th AGM on September 23, 2026. Key resolutions include raising authorized capital to ₹40 crore and approving ₹20 crore in borrowing limits. Director Shreyash Chaturvedi seeks reappointment.

The Securities Appellate Tribunal (SAT) on Friday allowed Zee Entertainment Enterprises (ZEEL) and its managing director and CEO Punit Goenka to proceed with the proposed issue of fully convertible warrants to a promoter group entity, providing a temporary relief from the securities market debarment imposed by the Securities and Exchange Board of India (SEBI).