Zee Entertainment

Zee Entertainment reported a 37.5 per cent fall in Q2FY27 net profit to ₹47.8 crore as margins narrowed, even as revenue rose 13 per cent on growth in its digital business.

Zee has alleged JioStar continued using its music and songs despite a Delhi High Court injunction, escalating the copyright dispute between the companies

Zee is strengthening its content strategy and monetisation while building new growth engines across micro dramas, kids' content and live entertainment, CEO Punit Goenka said

Lenders have questioned the voting process and also the eligibility of certain creditors who were instrumental in pushing through Subhash Chandra's repayment plan.

Chandra addressed what he described as allegations and speculation surrounding him, his family, and the group's financial position

The tribunal said the subscription amount was deposited on time but credited to the account the next day, resulting in the warrants being issued a day beyond the deadline

The media firm is seeking relaxation for the pending infusion of Rs 76 crore of the Rs 3,143 crore fundraise after a portion was remitted a day later

The tribunal permitted Zee and Punit Goenka to complete the preferential warrant issue subject to payment of penalties, but the Sebi-imposed market debarment will continue

Zee has sought permission to proceed with its ₹3,143 crore preferential warrant issue and access mutual fund units, while Goenka has challenged Sebi's restraining order

Analysts at Motilal Oswal Financial Services said ZEEL delivered another subdued quarter. The firm's consolidated profit in Q1 declined by 48.3 per cent to ₹74.3 crore.

The tribunal will hear the matter on August 12 after Zee and Punit Goenka sought urgent intervention against Sebi's July 31 order over alleged fraudulent activity

Zee Entertainment's revenue from operations rose 4.52 per cent to Rs 1,907.3 crore in Q1FY27, while advertising revenue declined 11 per cent year-on-year

Zee's total expenses grew 12.8 per cent to Rs 1,864.4 crore in the June quarter. It was Rs 1,652.7 crore in the first quarter of FY27.

Sebi has prohibited ZEEL from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year.

The company says it will take legal steps over SEBI's order while continuing with its fund-raising exercise aimed at strengthening its financial foundation

Company will issue 24,94,85,563 warrants at Rs 126 each; ESOP plan for employees also gets shareholder approval

The board approved the issuance of convertible warrants to promoter entity Sunbright Mauritius Investments and also cleared the proposed ESOP 2026, subject to shareholder approval

Beginning with the 2026-27 season, Bundesliga matches will stream on Zee5 and air on Unite8 Sports channels as Zee expands its football broadcasting portfolio in India

Zee Entertainment's board will meet on July 1 to finalise the structure of its proposed ₹2,300-crore fund raise, including equity and convertible securities options

The partnership aims to extend Zee's content properties into consumer products, retail activations, licensing programmes and experiential offerings across categories