Zee Entertainment Enterprises Limited has fixed Thursday, September 10, 2026, as the record date for determining shareholder eligibility for its final equity dividend for FY26.

The company announced the date in a disclosure to stock exchanges on August 24, 2026. Shareholders holding equity shares on the record date will receive a dividend of ₹2 per share of face value ₹1 each.

Dividend Details

The Board of Directors had previously recommended this payout during its meeting on May 19, 2026. The declaration applies to fully paid-up equity shares.

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ashish Agarwal, Company Secretary of Zee Entertainment Enterprises Limited, signed the disclosure.

Zee Entertainment has allotted 20,94,47,805 fully convertible warrants to its promoter group entity, Sunbright Mauritius Investments Limited. The allotment was completed on August 21, 2026, with a total issue price of ₹126 per warrant.

The company received ₹659.76 crore as the subscription price, representing 25% of the total issue value. This transaction follows the Securities Appellate Tribunal's order dated August 14, 2026, which permitted the preferential issue. Market reports suggest SEBI is unlikely to contest the SAT's decision.

Allotment details

The warrants were allotted pursuant to a board resolution passed on July 1, 2026, and a special resolution approved by members on July 31, 2026. The issue price comprises a warrant subscription price of ₹31.50 and a warrant exercise price of ₹94.50.

Conversion terms

Sunbright Mauritius Investments Limited can convert the warrants into equity shares within 18 months from the date of allotment. Upon conversion, each warrant will be adjusted against the issue price of one fully paid-up equity share of face value ₹1 each at ₹126 per share.

If the warrants are not exercised within the 18-month period, they will lapse, and the subscription amount paid will be forfeited. There is no immediate change in the company's paid-up share capital until conversion occurs.

Regulatory context

The Securities Appellate Tribunal had previously granted two key reliefs to Zee Entertainment. The first allowed the preferential issue of fully convertible warrants to the promoter group. The second permitted access to mutual fund units for dividend distribution purposes.

Reports indicate that SEBI's earlier regulatory stance was not intended to block the fundraising plans for Zee Entertainment, Punit Goenka, and Subhash Chandra.