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

Unknown Apr 02, 2026 650 Views

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, refl...