Browsing: Warrants

x Zee Entertainment Enterprises Ltd (ZEEL) allotted 20.94 crore convertible warrants to Sunbright Mauritius Investments, a promoter group entity, for a fund-raising plan. New Delhi, Aug 22 (PTI) Zee Entertainment Enterprises Ltd (ZEEL) on Saturday said it has allotted 20.94 crore fully convertible warrants to promoter group entity Sunbright Mauritius Investments Ltd, nearly seven weeks…

Market snapshot: In a major regulatory relief, the Securities Appellate Tribunal has granted interim relief to Zee Entertainment Enterprises Limited. The tribunal has permitted the company to proceed with its proposed ₹3,143 cr preferential warrant issue and access its mutual fund units for dividend distribution. This decision temporarily relaxes the restrictive capital market access ban…