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SAT Grants One-Day Extension for Zee Promoter Warrant Subscription

Zee Entertainment logoZee Entertainment
Sig2.22Sen+1.35Env0.00Soc0.00Gov+1.03

Zee Entertainment Enterprises has received a one-day extension from the Securities Appellate Tribunal to let its promoter group complete the subscription of about 2.40 crore convertible warrants. The relief keeps the promoter entities’ commitment aligned with the company’s ongoing capital infusion plan under the warrant subscription process.

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