Revenue from operations fell 13.94 per cent to ₹1,849.8 crore from ₹2,149.5 crore in Q1 FY25
Both these new channels are expected to have fast-paced content
Zee and Ideabaaz Tech launch 'Ideabaaz', a startup show to discover and fund entrepreneurs from tier II and III cities, with global broadcast reach via Zee TV and ZEE5
Zee Entertainment shares fell 3.1% after shareholders rejected a proposal to increase the promoter family's stake. The company's fundraise plan via convertible warrants also failed to secure approval
Zee Entertainment share price slipped 6.7 per cent in trade, logging an intraday low at ₹133.05 per share; Details here
Zee Entertainment Enterprises (ZEEL) fails to get the required 75% approval for a Rs 2,237 crore preferential issue to the Subhash Chandra family
Zee Entertainment shareholders approve the appointment of Saurav Adhikari and Divya Karani as non-executive, non-independent directors, with 75% approval in the e-voting process
ZEEL stock seen trading above its 20-Month moving average for the first time since January 2024; technical chart suggests the stock can potentially rally another 21% from here.
In line with its strategic ambitions for the future, ZEEL is taking necessary steps to identify and invest in new avenues for growth and capitalize on the emerging opportunities, the company said.
Essel Group promoters expect to recover dues and invest Rs 2,237 crore through convertible warrants, potentially increasing stake in ZEEL to 18.39 per cent
While 25 per cent of the warrant price is to be paid upfront, the balance 75 per cent is to be paid on conversion
Zee Entertainment Enterprise shares jumped 3.5 per cent on plans to raise over ₹2,237 crore from the preferential issue of convertible warrants
Zee Entertainment Enterprise Ltd (ZEEL) on Monday said it plans to raise Rs 2,237.44 crore from promoter group entities, which will lead to an increase in promoter shareholding to 18.4 per cent.. The board of the company at its meeting held on Monday approved to "issue of up to 16.95 crore fully convertible warrants, for consideration to be received in cash" to Altilis Technologies and Sunbright Mauritius Investments, Promoter Group entities, on a preferential basis, said ZEEL. This fresh infusion of funds from promoters will enable the company to further fortify its core business segments and strengthen its financial foundation to explore value-accretive growth opportunities in the evolving Media & Entertainment landscape, it said. "The Promoters of the company will participate in the fund-raising exercise by investing Rs 2,237.44 crore for the company's next phase of growth, taking the total promoter shareholding to 18.39 per cent," said ZEEL. According to the company, the board
Promoter group to invest Rs 2,237 crore in ZEEL via preferential warrants, raising stake from 3.99 per cent to 18.39 per cent to support growth and strategic vision
Zee Entertainment shares were in demand after the company announced a strategic partnership with Bullet, a content and technology start-up co-founded by Azim Lalani and Saurabh Kushwah.
Zee Entertainment unveils new logos for all its brands at ZEE Cine Awards 2025, aiming to deliver premium content and embrace tech-driven growth with a bold, futuristic brand identity
Zee Entertainment reported a 14-fold rise in net profit for Q4FY25 despite a sharp drop in ad revenue, supported by portfolio rationalisation and syndication gains
Zee Entertainment Enterprise Ltd on Thursday reported a multi-fold jump in its consolidated net profit to Rs 188.4 crore in the January-March quarter, driven by effective cost management. It had a net profit of Rs 13.4 crore in the January-March quarter a year ago, according to a regulatory filing from Zee Entertainment Enterprise Ltd (ZEEL). Its total income was up 1.6 per cent to Rs 2,220.3 crore in the March quarter compared to Rs 2,185.3 crore in the same quarter of the previous financial year. In "Q4 FY25 growth led by subscription revenue & other sales & services," said ZEEL adding it "enhanced profitability despite a weak advertising environment." ZEEL's revenue from advertising was down 4.2 per cent to Rs 837.5 crore in the March quarter of FY 2024-25. "Domestic advertising revenue declined by 27 per cent YoY for the quarter due to slowdown in macro advertising environment, postponement of Zee Cine Award, busy sports calendar and higher base in Q4 FY24," said ZEEL in ..
Q4 FY25 company results today: Titan, Kalyan Jewellers, IIFL Finance, and Rec will be among 74 companies to post earnings reports for the January-March quarter on May 8
The sale agreement was registered on March 28, 2025, with the Telangana government authorities