Zee Entertainment to raise up to Rs 2,237 crore by issue of warrants
By
Binu Mathew
Zee Entertainment Enterprises will issue up to 16.95 crore fully convertible warrants for a cash consideration of approximately Rs 2,237 crore. The price of each warrant will be Rs 132 and they will be issued to two promoter Group entities viz. Altilis Technologies Private Limited and Sunbright Mauritius Investments Limited.