Zee fundraising fails as shareholders block founding family from raising stake
- Posted on July 10, 2025
- By Business News Today
- 1 Views
Zee fundraising fails as shareholders block founding family from raising stake
Zee Entertainment Enterprises failed to secure shareholder approval for a warrant issuance aimed at boosting the Goenka family's stake. The proposal, seeking to raise ₹22.37 billion, fell short of the required 75% majority due to concerns about share dilution.
