Zee Shareholders Block ₹2,237 Crore Warrant Proposal, Signal Pushback Against Promoter Control

Zee Entertainment Enterprises Ltd faced a major shareholder revolt as investors rejected the company’s proposal to issue 16.95 crore convertible warrants worth ₹2,237 crore to promoter entities. The vote, held during the July 6–9 window ahead of the Extraordinary General Meeting, reflects growing concerns over governance, dilution, and promoter entrenchment.

 

Key Highlights:

Governance and Market Reaction:

Sources: Moneycontrol, CNBC-TV18, Storyboard18, The Hindu BusinessLine, BestMediaInfo, Zee BSE Filings (July 2025)