Zee Entertainment share price rises 3% aboard nods to £ 2,237 crore fund infusion by promoters; MOSL increases target | Einsmark news

Zee Entertainment share price rose by more than 3 percent in Tuesday’s trade session after the Company of the Companies approved Capital Infusion of Promoter Tensions. Zee Entertainment share price opened at £ 141.47 on June 17, compared to the previous closure of £ 137.91. The stock further climbed to £ 141.22 during the Intraday session. Details on Zee Entertainment’s Capital Infusion The Board of Directors approved a capital infusion of £ 2,237.44 crore from promoter entities via a preferred granting of convertible warrants. Each warrant is issued at £ 132, reflecting a 4.5 percent discount compared to the share price of Monday. These warrants are awarded to two entities in the promoter group – Altilis Technologies Private Limited and Sunbright Mauritius Investments Limited. After this preferred award, the promoter group’s ownership will rise from 4.28 percent to 18.39 percent. Zee chairman R. Gopalan said: “The board of directors has deliberated on the various alternatives discussed with JP Morgan and has done a thorough evaluation of the company’s growth plans. The board believes that the steps carried out to improve the promoter shareholding will ensure their extra motivation to align with the improved business plan.” In July 2024, the Board of Directors also approved a £ 2,000 Crore fundraising initiative through foreign exchange -conceptible effects (FCCBS), which must be issued in ten parts. However, on March 31, 2025, only the first Tranche was used, which amounted to a £ 200 crore. Zee Entertainment -Share Price – Should You Buy or Sell? Brokerage firm Motilal oswal remains ‘neutral’ on Zee Entertainment shares with a revised target price of £ 150. “We remain neutral on Zee with revised TP to INR150 (earlier INR125), based on 14x FY27E PE (versus 12x earlier), as we are watching in Rights arbitration with Star, ”the brokerage firm said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.