Overview

• The stock climbed 10.15% on June 23 to ₹146.45, marking its highest level since August 2024 and a 13.8% gain over the past month.
• The board approved issuing 17 crore fully convertible warrants at ₹132 apiece to raise ₹2,237 crore in fresh capital.
• Promoters will invest in the preferential allotment to boost their stake from about 4% to 18.39% of the company.
• Cash and cash equivalents jumped 102% year-on-year to ₹2,410 crore as of March 31, strengthening ZEEL’s liquidity position.
• Zee plans to achieve EBITDA breakeven for its OTT arm Zee5 in FY26 while expanding into new content verticals and forging strategic partnerships.