Zee Entertainment Enterprises Limited
Bandhan Mutual Fund acquired a new position in Zee Entertainment Enterprises, buying 1,05,67,359 shares for ₹113.56 Cr at ₹107.40 apiece, representing a 1.10% stake.
A leading Indian media and entertainment company engaged in broadcasting satellite television channels across multiple genres and languages to audiences nationwide. The company operates as a space-selling agent for other satellite channels and generates revenue through the sale of media content including program rights, film rights, feeds, and music rights. Zee Entertainment operates as a vertically integrated player in India's broadcasting and content production ecosystem.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.