Zeel

Zee Sports inks 3-year broadcast and digital rights deal with UPKL

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 again files insolvency plea against ZEEL for over ₹225 cr default

IDBI Bank moves NCLT against ZEEL over ₹225 crore default claim; ZEEL terms plea "malicious" as earlier applications were dismissed by NCLT and NCLAT

Zee Entertainment hits record 18.2% linear TV market share in July

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

ZEEL to launch 2 new hybrid channels, expand reach to new audiences

Both these new channels are expected to have fast-paced content

Norges Bank supports ZEEL's preferential issue of convertible warrants

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 trades above its 20-MMA after 16 months; what lies ahead?

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.

Zee to raise over ₹2K cr from preferential issue of convertible warrants

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 enters into equity partnership with content, tech start-up Bullet

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 Ent Q3 results: Profit soars 180% to Rs 164 cr, revenue down 8%

Zee Entertainment Q3FY25 results: Sequentially profit dropped by 22% and revenue rose by 4%

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23

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

Equity boom spurs shareholder activism, reshapes corporate boardrooms

Large investors now assert their right to have a say in investee companies, underscore analysts

Zeel's shareholders want a professional to lead the company: Proxy advisors

Stock rises after shareholders reject Punit Goenka's reappointment as a director

ZEEL shareholders reject proposal to reappoint Punit Goenka as director

The shareholders of Zee Entertainment have rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company. The filing by Zee Entertainment Enterprises Ltd (ZEEL) stated that the resolution for the reappointment of Goenka was defeated in the annual general meeting (AGM) of the company. Resolution number three in the AGM, which proposed the reappointment of Goenka as director, was supported by only 49.54 per cent of the total number of votes cast while 50.4 per cent voted against the resolution. "Resolution No. 3 (Goenka's reappointment) failed to get the requisite majority of votes as required under the provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015," ZEEL said. This is a major setback for Goenka who is currently the CEO of the company. Several proxy firms had earlier advised the shareholders to vote against resolution number three. However, the three other .

Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM

ZEE Entertainment CEO Punit Goenka, who resigned from the post of Managing Director last week, has also withdrawn himself from reappointment for the post in the coming AGM, according to an exchange filing. While sharing Goenka's resignation letter to exchanges on Saturday, Zee Entertainment Enterprises Ltd (ZEEL) said he is "withdrawing his consent for his re-appointment as Managing Director of the company as proposed in the Notice of the ensuing Annual General Meeting. Earlier on October 18, 2024, the ZEEL board approved the proposal for Goenka's reappointment for a five-year term, effective from January 1, 2025, to December 31, 2029. Goenka's present tenure as Managing Director & CEO of the company was scheduled to finish at the 2024-end. Goenka's re-appointment was subject to approval from the shareholders, in the coming AGM, which is scheduled to be held on November 28. However, on November 18 Punit Goenka, son of media baron Subhash Chandra, resigned as the Managing Director .

ZEE gains 7% after Punit Goenka resigns as MD to take over reins as CEO

Thus far in calendar year 2024, the market price of ZEE has more-than-halved, or tanked 56 per cent, as compared to the 8 per cent rise in the BSE Sensex

Punit Goenka asks ZEEL board to relieve him from managing director position

He intends to dedicate his time and energy towards the set goals for the company's future, ZEE Entertainment Enterprises said in a press release

Zee Entertainment falls 8% in 3 days on mixed Q2 nos; hits over 4-year low

Zee's revenues have continued their declining trend as ad revenue growth remained underwhelming, declining by another 7.9 per cent YoY during the second quarter

ZEEL's committee finds no irregularities against firm during Sebi probe

The committee also reviewed the matter that is currently under adjudication with Sebi and stated that no further action is required by the company based on its findings

ZEEL aims to deliver higher profitability through enhanced performance: MD

ZEE Entertainment Enterprises Ltd (ZEEL) aims to deliver higher profitability through enhanced performance across its businesses and generate better value for all stakeholders, the company's Managing Director & CEO, Punit Goenka said on Tuesday. Addressing employees at a town hall on the company's 32nd anniversary, Goenka said in the next 32 years he envisioned ZEE to "emerge as a beacon of hope and change for the society". "I envisage our purpose should be to enrich the lives of people around the world, by creating such extraordinary moments, that celebrate the power of optimism and togetherness," he said. During the session, Goenka reiterated ZEEL's "aspirations to deliver higher profitability through enhanced performance across the business and generate higher value for all stakeholders". The company said it continues to take the necessary action-oriented steps across the business to enhance the performance and deliver stronger returns, in line with the strategic plan laid out .

Zee to push for global reach of DP World ILT20, targets premium advertisers

For advertisers, Sehgal said that ZEEL is focused on creating value as the consumer base consists predominantly of high-income groups in the UAE