Zee Entertainment Enterprises Limited
Sunbright Mauritius Investments Limited, a promoter group entity, has committed ₹2,639.04 Cr to Zee Entertainment via 20,94,47,805 convertible warrants issued at ₹126 each. It paid 25% (₹659.76 Cr) upfront, with the balance due within 18 months; full conversion takes its stake to 17.90%.
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.