By:Ankit KumarNovember 12, 2026 | 17:19 IST
- Published OnNov 12, 2026 | 17:19 IST
- Last Updated OnNov 12, 2026 | 17:19 IST
Zee <a href="https://comicvibe.com/amagi-and-golden-times-media-technology-to-bring-chinese-entertainment-channels-to-global-platforms/” title=”Amagi and Golden Times Media Technology to Bring Chinese Entertainment Channels to Global Platforms”>Entertainment logo is displayed in this illustration taken, September 1, 2022
Zee Entertainment has approved a proposed ₹600 crore share buyback at ₹91 per share through the tender offer route. Check the November 25 record date, eligibility and other details.
Zee Entertainment (ZEEL) has approved a proposed share buyback worth up to ₹600 crore at ₹91 per equity share. The company’s board of directors approved the proposal at its meeting on November 12, 2026.
The company plans to buy back up to 6,59,34,065 fully paid-up equity shares, representing 6.86% of its existing paid-up equity share capital. The proposed buyback will be carried out through the tender offer route.
Zee Entertainment has fixed November 25, 2026, as the record date to determine the shareholders eligible to participate in the proposed buyback.
Zee Entertainment buyback details
The proposed buyback price has been fixed at ₹91 per equity share, against a face value of ₹1 each. The total buyback size will not exceed ₹600 crore, payable in cash.
The buyback will be conducted on a proportionate basis through the tender offer route, in accordance with the Securities and Exchange Board of India’s (SEBI) buyback regulations.
Under the applicable regulations, 15% of the number of shares proposed to be bought back, or the number of shares entitled to small shareholders based on their shareholding on the record date, whichever is higher, will be reserved for small shareholders.
The company has also noted that its promoters and members of the promoter group do not intend to participate in the proposed buyback.
Price, record date and eligibility
Zee Entertainment has fixed November 25, 2026, as the record date for the proposed buyback. The date will determine the entitlement and names of equity shareholders eligible to participate.
The company said the public announcement and other documents containing the buyback process, timelines and other relevant details will be released in due course, in accordance with SEBI regulations.
The board or the buyback committee may increase the buyback price and reduce the number of shares proposed to be bought back, provided the overall buyback size remains unchanged. This can be done up to one working day before the record date.
Why is Zee Entertainment buying back shares?
According to the company, the board evaluated its financial strength, free cash flow, business outlook and shareholder expectations before approving the proposed buyback.
Zee Entertainment Chairman R. Gopalan said the board believes the company’s intrinsic value is not adequately reflected in its current market valuation.
He said the proposed buyback represents an opportunity to reinforce investor confidence and create long-term value for shareholders.
The company said the decision followed a review of various options and feedback from investors and shareholders.
Zee Entertainment CEO Punit Goenka said the company has taken steps to strengthen its capabilities, sharpen its strategic focus across content, digital and emerging growth opportunities, and improve operational efficiencies.
He added that the company remains focused on executing its strategic priorities and delivering sustainable growth.
Zee Entertainment said it will continue to strengthen its core businesses, accelerate digital growth, leverage technology-led innovation across platforms and explore new monetisation opportunities.
Zee Entertainment shares closed at ₹73.50 apiece on the BSE on Thursday, November 12, rising ₹2.62 or 3.70% during the trading session. The stock opened at ₹71.01. It has a 52-week high of ₹118.40 and a 52-week low of ₹60.63.
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//Zee Entertainment approves share buyback worth up to ₹600 crore at ₹91 per share; record date on November 25
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