Zee Media Raises ₹19.12 Crore via Warrant Conversion; Zee Entertainment Plans Fundraising Review
Zee Media Corporation raised ₹19.12 crore by allotting 3 crore equity shares to Singapore-based Sun India Opportunities Fund after conversion of warrants, increasing its share capital and the investor's stake to 3.33%. Separately, Zee Entertainment Enterprises Ltd. announced a board meeting on July 1, 2026, to consider various fundraising options, including issuing equity shares or convertible securities through methods like private placement or preferential issue, subject to approvals.