Lenders have questioned the voting process and also the eligibility of certain creditors who were instrumental in pushing through Subhash Chandra's repayment plan.
Zee had sought permission to proceed with its proposed ₹3,143 crore preferential warrant issue and a relaxation in the 14-day window for completing the process.
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.
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
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 board approved the issuance of convertible warrants to promoter entity Sunbright Mauritius Investments and also cleared the proposed ESOP 2026, subject to shareholder approval
Zee Entertainment Enterprises Ltd. (ZEEL) has secured media rights for a slate of FIFA matches in India over the next eight years.
Zee Entertainment's Q3FY26 net profit fell 5.1% to ₹155 crore despite 15% revenue growth, as weak FMCG ad spending weighed on margins
Zee Entertainment Enterprises Ltd on Thursday reported 5.37 per cent decline in consolidated net profit at Rs 154.8 crore for December quarter FY26. It had logged a net profit of Rs 163.6 crore in the October-December period a year ago, according to a regulatory filing from Zee Entertainment Enterprises Ltd (ZEEL). Total income was up 14.6 per cent to Rs 2,298.5 crore in December quarter FY26. Total expenses were at Rs 2,087.4 crore, up 20.3 per cent year-on-year. During the quarter, revenue from Advertising was down 9.4 per cent to Rs 851.5 crore. The subscription revenue was up 6.9 per cent to Rs 1,050.2 crore in the quarter. Revenue from the 'Other sales & service' was up over sixfold to Rs 378.4 crore. Shares of ZEEL were trading at Rs 84.85 apiece on BSE, up 3.55 per cent from the previous close.
The Zee Sports-UPKL deal will see three seasons of live kabaddi action broadcast in Hindi and streamed on Zee5, expanding the sport's regional reach and fan base across India
IDBI Bank moves NCLT against ZEEL over ₹225 crore default claim; ZEEL terms plea "malicious" as earlier applications were dismissed by NCLT and NCLAT
ZEEL achieved its highest linear TV market share in four years at 18.2% in July, driven by regional leadership, new channel launches and a strong content slate
Both these new channels are expected to have fast-paced content
Norges Bank Investment Management, a major ZEEL shareholder, supports the company's preferential issue of convertible warrants to promoter group entities ahead of the EGM on July 10
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.
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
Leading broadcaster ZEE Entertainment Enterprises Ltd (ZEEL) on Monday said it has entered into a strategic equity partnership with Bullet, a new-age content & tech start-up. ZEEL did not share much details on the transactions, but said "it will invest/acquire stake in Bullet". Co-founded by entrepreneurs Azim Lalani and Saurabh Kushwah, Bullet has developed India's first micro-drama application focused on fast-paced, creator-driven content through short duration vertical format episodes targeted towards the younger audiences. "Bullet will be launched within the ZEE5 ecosystem, leveraging its strong user base by enabling access to high-quality, bite-sized entertainment directly through the platform," according to a joint statement. Moreover, to have a pan-India appeal, the application will be available across languages and will harness the company's rich content engine and repertoire of language content, it said. The application will cater to the evolving consumption habits of ...
Zee Entertainment Q3FY25 results: Sequentially profit dropped by 22% and revenue rose by 4%
Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today
Large investors now assert their right to have a say in investee companies, underscore analysts