Zee Entertainment
97.84
-1.90(-1.90%)
Market Cap₹- Cr
PE Ratio-
IndustryMedia
Company Performance:
1D-1.90%
1M-4.03%
6M-23.54%
1Y-30.66%
5Y-52.70%
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More news about Zee Entertainment
16Oct 25
Zee Entertainment Expands Portfolio with Rs 15 Crore Investment in Ideabaaz Tech, Appoints R Gopalan as Non-Executive Director
Zee Entertainment Enterprises Limited (ZEEL) has approved an additional investment of Rs 15 crore in Ideabaaz Tech Private Limited (ITPL), acquiring a 20% stake. ITPL focuses on empowering startups in Tier 2 and 3 cities. ZEEL also appointed R Gopalan as an Additional Director in the Non-Executive category, effective November 25, 2025, subject to shareholder approval. Gopalan brings extensive experience in economic policy-making and has served in key roles in the Ministry of Finance.
16Oct 25
Zee Entertainment Reports 51% Drop in EBITDA Despite Stable Revenue
Zee Entertainment Enterprises experienced a significant decline in its quarterly earnings. The company's EBITDA fell by 50.77% year-over-year to 1.59 billion rupees, despite revenue remaining relatively stable at 19.69 billion rupees (a 1.55% decrease). The EBITDA margin compressed from 16.20% to 8.07%, indicating pressure on profitability. This stark contrast between stable revenue and declining EBITDA raises concerns about the company's cost management and operational efficiency in the current market environment.
15Oct 25
ZEEL Triumphs in ₹462 Million Tax Case as CESTAT Cancels CENVAT Credit Demand
Zee Entertainment Enterprises Limited (ZEEL) has won a significant tax dispute as the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled in its favor. The ruling nullifies a ₹462 million tax demand related to the company's treatment of subscription income from Jammu & Kashmir as exempted income under service tax law. The dispute, which covered financial years 2004-05, 2006-07, and 2007-08, centered on ZEEL's input tax credit utilization exceeding 20%. CESTAT's decision dismisses the appeal filed by the Commissioner of Service Tax - I, Mumbai, effectively canceling the extended CENVAT credit demand imposed on ZEEL.
10Sept 25
IDBI Bank Files Third Insolvency Application Against Zee Entertainment, Claiming Rs. 225.23 Crore Default
IDBI Bank has filed an application for Corporate Insolvency Resolution Process against Zee Entertainment Enterprises Limited (ZEEL), claiming a default of Rs. 225.23 crores. ZEEL disputes the claim, calling it malicious and fraudulent. This is IDBI Bank's third attempt to pursue the same debt, with previous attempts dismissed by various tribunals. ZEEL plans to contest the application and is considering legal action against IDBI Bank for malicious prosecution and defamation. The company does not anticipate any financial implications from this claim.
05Sept 25
Zee Entertainment Reports 1.2% Revenue Decline in FY23, Discontinues Funding for Margo Networks
Zee Entertainment Enterprises Limited (ZEEL) released its FY23 financial results, showing a 1.2% decrease in revenue to ₹8,087.90 crore. EBITDA fell 38.2% to ₹1,101.10 crore, with margins contracting from 21.7% to 13.6%. Profit after tax plummeted 95% to ₹47.80 crore. The company decided to stop funding Margo Networks Private Limited due to economic pressures and merger-related conditions. Despite overall challenges, ZEEL's streaming platform ZEE5 saw 36% revenue growth and reached 113.8 million monthly active users in Q4 FY23.
28Aug 25
Zee Entertainment's Ad Sales Chief Ashish Sehgal Exits, Laxmi Shetty to Lead Revenue
Ashish Sehgal, Chief Growth Officer for Ad Sales at Zee Entertainment Enterprises Ltd (ZEEL), has stepped down after nearly 20 years. Laxmi Shetty, a 20-year veteran, has been promoted to Head of Advertisement Revenue, Broadcast & Digital, reporting directly to CEO Punit Goenka. This transition occurs amid a competitive media landscape, with ZEEL focusing on integrated monetization across linear and digital platforms. ZEEL shares closed at Rs 118.20, down 1.80%.
26Aug 25
ZEEL Elevates Laxmi Shetty to Head of Ad Revenue, Ashish Sehgal Steps Down
Zee Entertainment Enterprises Limited (ZEEL) has promoted Laxmi Shetty to Head of Advertisement Revenue for Broadcast & Digital, replacing Ashish Sehgal who has stepped down as Chief Growth Officer - Ad Sales. Shetty, with over 20 years of experience at ZEEL, will be responsible for driving holistic monetization strategies across linear and digital businesses. Sehgal, who served nearly 20 years, resigned citing personal reasons. The move aligns with ZEEL's strategy to empower its team and build future leaders.
29Jul 25
Zee Entertainment Reports 14% PAT Growth, Viewership Share Hits 17.8% in Q1
Zee Entertainment Enterprises Limited (ZEEL) reported a 14% year-on-year increase in profit after tax to ₹1,437.00 crore for Q1. The company's linear viewership share improved to 16.8%, with a peak of 17.8% in June. ZEE5, the digital streaming platform, saw a 30% year-on-year revenue growth. Despite a soft advertising environment, ZEEL maintained its EBITDA margin at 12.5% through cost optimization. The company has entered strategic partnerships to enhance content offerings and maintains an 8% advertising growth guidance for the year.
22Jul 25
Zee Entertainment Reports 14% Revenue Decline in Q1, Faces Legal Challenges
Zee Entertainment Enterprises reported a 14% year-on-year decline in Q1 revenue to ₹1,825.00 crore, despite a 22% growth in consolidated net profit to ₹144.00 crore. The 'Other sales and services' segment saw a significant drop to ₹85.00 crore from ₹360.00 crore in the previous quarter. Advertisement revenue decreased to ₹758.00 crore from ₹911.00 crore year-on-year. The company faces legal challenges, including a SEBI investigation and an arbitration dispute with JioStar India Private Limited, which has updated its damage claim to USD 1,003.00 million. Zee shares fell 6.2% following the results announcement.
11Jul 25
Zee Entertainment's ₹2,237 Crore Promoter Warrant Issue Fails to Secure Shareholder Approval
Zee Entertainment Enterprises Limited (ZEEL) failed to secure the required 75% shareholder approval for its special resolution to issue convertible warrants worth ₹2,237 crore to promoters. The proposal received only 59.5% votes in favor, with 40.5% opposing. The company's management acknowledged the outcome, emphasizing their respect for shareholders' decision and commitment to maximizing value. ZEEL had positioned the warrant issue as a strategic move to build a 'war chest' for future growth. The failure reflects significant shareholder concerns, including issues with the fund-raising rationale and potential dilution.
10Jul 25
Zee Entertainment Shareholders Approve ₹2,237 Crore Promoter Fund Infusion
Shareholders of Zee Entertainment Enterprises Ltd (ZEEL) have approved a ₹2,237 crore capital infusion from promoter group entities. The resolution to issue fully convertible warrants on a preferential basis received support from about 60% of voting shareholders during an Extraordinary General Meeting. Public non-institutions showed strong support with 79.78% votes in favor, while public institutions had 47.78% votes in favor. The company views this approval as crucial for future growth, providing a 'war chest' to address market shifts and competition. ZEEL management emphasized their focus on enhancing performance, improving margin profiles, and reducing losses in the digital segment.
10Jul 25
Zee Entertainment: Shareholders Reject Promoters' Rs 2,237-Crore Stake Hike Proposal
Zee Entertainment Enterprises Limited (ZEEL) shareholders voted against a proposal to issue fully convertible warrants to promoter group entities, which would have raised Rs 2,237 crore. The special resolution failed to secure the required majority at the Extraordinary General Meeting (EGM). While 59.51% of votes were in favor, the proposal needed three times more votes in favor than against to pass. The fundraise would have increased the promoter stake to 18.39%. Despite the setback, ZEEL remains committed to its growth strategy and plans to leverage its existing cash reserves.
08Jul 25
Zee Entertainment Shareholders Approve Appointment of Two New Directors
Zee Entertainment Enterprises Limited (ZEEL) shareholders have approved the appointment of two new directors to the company's board. Divya Karani joins as an Independent Director, while Saurav Adhikari takes on the role of Non-Executive Director. The appointments were confirmed through an e-voting process, with over 75% of votes in favor. This move is seen as strengthening ZEEL's corporate governance and aligning with its strategic priorities.
05Jul 25
Zee Entertainment Gains Support from Proxy Firm SES for Warrant Issue
Proxy advisory firm Stakeholders Empowerment Services (SES) has changed its recommendation and now supports Zee Entertainment Enterprises Ltd.'s proposal to issue convertible warrants to its Promoter Group. The warrant issue, priced at ₹132.00 per warrant, aims to raise ₹2,240.00 crore. If approved, this move would increase the promoter's stake from 4.00% to 18.00%. SES revised its stance after Zee addressed concerns about pricing.
04Jul 25
Zee Entertainment: Punit Goenka Eyes Board Comeback via Rs 2,237 Crore Warrants Issue
Zee Entertainment Enterprises Ltd (ZEEL) is planning a Rs 2,237.00 crore warrants issue, with Sunbright Mauritius Investments Ltd, linked to Punit Goenka, set to subscribe to over 99% of the warrants. If fully converted, this could result in a 14.92% stake in Zee Entertainment, potentially granting the promoter group board representation rights. This strategic move could significantly impact the company's ownership structure and governance dynamics.
03Jul 25
Zee Entertainment Unveils Ambitious Expansion Strategy and OTT Growth Plans
Zee Entertainment Enterprises Limited (ZEEL) announces a strategic plan for expansion and growth. The strategy includes strategic acquisitions in sports, gaming, and international markets, diversification into experiential entertainment and edutainment, strengthening content portfolio with regional and global content, expanding OTT platform Z5 with new language channels and original content, and focusing on profitability by enhancing ARPU and aiming for OTT platform break-even.
03Jul 25
Zee Entertainment: Punit Goenka Eyes Board Comeback via ₹2,237 Crore Warrants Issue
Zee Entertainment Enterprises Ltd (ZEEL) is undergoing a significant ownership change as Punit Goenka, a promoter family member, aims to regain board position through a ₹2,237 crore warrants issue. Sunbright Mauritius Investments Ltd, associated with Goenka, is set to subscribe to over 99% of the warrants. This could result in a 14.92% stake in Zee Entertainment upon conversion, potentially securing board representation for the promoter group. The move could reshape ZEEL's governance structure and strategic direction, drawing close attention from stakeholders and the market.
02Jul 25
Zee Entertainment's Rs 2,237 Crore Fundraising Plan Faces Scrutiny
Zee Entertainment Enterprises Ltd (ZEEL) announced plans to raise Rs 2,237 crore through a warrants issue to promoters, increasing their stake to 18.39%. The move has raised concerns due to lack of transparency on fund utilization. Proxy advisory firms recommend shareholders vote against the proposal, citing transparency and governance issues. The company's refusal to provide details on fund usage, citing competitive reasons, has further fueled the controversy.
28Jun 25
Proxy Firms Oppose Zee Entertainment's Rs 2,237 Crore Fundraising Plan
Zee Entertainment Enterprises Ltd (ZEEL) encounters resistance from three proxy advisory firms regarding its plan to raise Rs 2,237 crore through convertible warrants to promoters. The proposal would increase promoter holding from 3.99% to 18.39%. Advisory firms recommend investors vote against the plan, citing concerns about excessive dilution, governance issues, and potential inequitable treatment of shareholders. The decision now rests with ZEEL's shareholders, with significant implications for the company's governance and shareholder relations.
23Jun 25
Zee Entertainment Shares Soar 10.4% on Digital Breakeven Plans
Zee Entertainment Enterprises Ltd. (ZEEL) stock price increased by 10.4% to Rs 146.80, a 10-month high, following announcements of digital business plans and growth strategy. The company aims to achieve breakeven in its digital business, Z5, by FY25. For FY26, ZEEL targets 17.5% TV viewership share, 8-10% ad revenue growth, and 18-20% operating margins. The board approved issuance of convertible warrants worth Rs 2,237.00 crore to strengthen its capital base.
17Jun 25
Zee Entertainment to Boost Promoter Stake with ₹2,237 Crore Warrant Issue
Zee Entertainment Enterprises Ltd (ZEEL) board has approved the issuance of 16.95 crore fully convertible warrants valued at ₹2,237.00 crore to promoter group entities. This move will increase the promoter stake from 4.28% to 18.39%. The funds will be used to strengthen ZEEL's financial position and explore growth opportunities in the media and entertainment sector.
16Jun 25
Zee Entertainment's Board Approves Rs 2,237 Crore Fundraising via Preferential Warrant Issue to Promoters
Zee Entertainment Enterprises Limited's Board has approved the issuance of 16.95 crore convertible warrants to the promoter group at ₹132 per warrant, aiming to raise ₹2,237.44 crore. This move will increase the promoter stake to 18.39%. The funds are intended to strengthen the company's financial position and support growth initiatives in content and technology sectors.
11Jun 25
ZEEL Board to Convene on June 16 to Discuss Risk Mitigation and Fundraising Strategies
Zee Entertainment Enterprises Limited (ZEEL) has scheduled a board meeting for June 16 to discuss risk mitigation strategies and fundraising alternatives. The company plans to engage an investment banker to assess its business plan, potentially impacting its future operational strategy and financial health. This meeting highlights ZEEL's proactive approach to addressing challenges and exploring growth opportunities in the media and entertainment industry.
10Jun 25
Zee Entertainment Partners with Bullet to Launch India's First Micro-Drama App
Zee Entertainment Enterprises Ltd (ZEEL) has announced a strategic partnership with startup Bullet to launch India's first micro-drama app. ZEEL will acquire an undisclosed stake in Bullet, and the new app will be integrated within the Zee5 ecosystem. The partnership aims to offer multi-language content, catering to India's diverse linguistic audience. This move aligns with Zee's digital expansion strategy and its commitment to innovative content delivery, potentially revolutionizing how audiences consume video content.
09Jun 25
ZEEL Partners with Bullet to Launch Micro-Drama App
Zee Entertainment Enterprises Limited (ZEEL) has announced a strategic alliance with content startup Bullet to launch a new micro-drama application. This partnership marks ZEEL's entry into the short-form video content market, aligning with global trends in bite-sized entertainment. The collaboration aims to expand ZEEL's digital footprint, potentially opening new revenue streams and attracting a younger demographic. While specific launch details are pending, this move demonstrates ZEEL's commitment to innovation in the digital entertainment landscape.
14May 25
Zee Entertainment Shares Surge as CEO's Family Boosts Stake
Zee Entertainment Enterprises Ltd. (ZEEL) stock rose 5.12% to Rs 123.15 after CEO Punit Goenka's family acquired an additional 0.18% stake for Rs 20 crore on May 12, 2025. This increased the Goenka family's total holding to 0.46%, signaling confidence in the company's future.
13May 25
Zee Entertainment Wins Arbitration: ₹134 Crore Claim by Aditya Birla Finance Dismissed
Zee Entertainment Enterprises Ltd (ZEEL) has won a significant legal battle against Aditya Birla Finance Ltd (ABFL). The Arbitral Tribunal dismissed all claims filed by ABFL against ZEEL in a ₹134.00 crore dispute related to a loan to Siti Networks. The tribunal rejected ABFL's assertion that Zee's Letter of Comfort constituted a guarantee. A ₹15.00 crore counterclaim by Zee Entertainment remains open for further remedies before the National Company Law Appellate Tribunal (NCLAT).
13May 25
Zee Entertainment Wins Arbitration Case Against Aditya Birla Finance
Zee Entertainment Enterprises Ltd (ZEEL) has won an arbitration case against Aditya Birla Finance. The arbitral tribunal rejected claims made by Aditya Birla Finance against ZEEL, which involved a ₹1.34 billion (₹134 crore) loan letter of comfort. This decision nullifies the financial claims against ZEEL and could provide financial relief, set a legal precedent, and potentially boost investor confidence in the company.
09May 25
Zee Entertainment Reports 1,305% Surge in Q4 Profit, Announces Dividend
Zee Entertainment Enterprises has reported a consolidated net profit of 188.00 crore rupees for Q4 FY25, marking a 1,305.00% increase year-over-year. Revenue grew modestly by 1.60% to 2,220.00 crore rupees. The company's board recommended a dividend of 2.43 rupees per equity share. For the full fiscal year 2025, PAT grew by 380.00% to 680.00 crore rupees, while total revenue declined by 4.00% to 8,418.00 crore rupees.
08May 25
ZEE Entertainment Unveils Ambitious Growth Targets for FY26
ZEE Entertainment has announced strategic targets for FY26, aiming for 8-10% growth in advertising revenue and a 17.50% share of TV viewership. These goals reflect the company's focus on monetization and content strategy in India's competitive media sector.
08May 25
Zee Entertainment's Q4 Profit Soars, Dividend Announced
Zee Entertainment Enterprises Ltd has reported a significant increase in its Q4FY25 consolidated net profit, rising to Rs 188.40 crore from Rs 13.40 crore year-on-year. The company's revenue grew modestly by 0.70% to Rs 2,184.00 crore, while EBITDA improved by 41.60% to Rs 298.00 crore. The board has recommended a dividend of Rs 2.43 per equity share for FY2024-25.
01May 25
ZEE Entertainment Expands Operations with Three New Subsidiaries
ZEE Entertainment Enterprises Ltd (ZEEL) has approved the incorporation of three new wholly owned subsidiaries in the media and entertainment sector. Each subsidiary will have an authorized and paid-up equity share capital of ₹1,00,000, with ZEEL holding a 100% stake. This strategic move aims to diversify operations, enhance market presence, and explore new avenues within the industry. No governmental or regulatory approvals are required for the incorporation, and ZEEL has complied with SEBI regulations by disclosing the details to stock exchanges.
07Apr 25
Zee Entertainment Wins Legal Battle: NCLAT Dismisses IDBI Bank's Insolvency Plea
The National Company Law Appellate Tribunal (NCLAT) has dismissed IDBI Bank's insolvency plea against Zee Entertainment Enterprises Limited, upholding the earlier NCLT ruling. IDBI Bank sought to recover ₹149.60 crore from Zee. The tribunal allows IDBI Bank to file a fresh plea for defaults beyond the Covid moratorium period, acknowledging pandemic-related economic challenges.
07Mar 25
Zee Entertainment Promoters Boost Stake, Analyst Sees Significant Upside Potential
Zee Entertainment's promoters have increased their stake to 4.28% by acquiring 27 lakh shares worth ₹27 crore. Nuvama maintains a 'buy' rating with a price target of ₹185, suggesting an 83% upside. The company's subscription revenue remains robust, while advertising revenue faces challenges with recovery expected by Q2 FY2026.
06Mar 25
Zee Entertainment CEO Punit Goenka Boosts Stake Through Family Purchases
Punit Goenka, CEO of Zee Entertainment Enterprises, indirectly increased his stake in the company by 0.29% through purchases made by his wife and son on March 5, 2025. The total acquisition value was approximately ₹26.92 crore, potentially indicating confidence in the company's future prospects.
03Mar 25
Zee Entertainment Sees Major Block Trade: 2.5 Million Shares Change Hands
A significant block trade of approximately 2,511,745 Zee Entertainment Enterprises Ltd. shares occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 91.40 per share, totaling Rs. 22.96 crores. While the parties involved remain undisclosed, such large trades often indicate strategic moves by institutional investors or major shareholders. This event has drawn attention from market observers and investors, potentially signaling shifts in market sentiment or positioning within the media sector.
Zee Entertainment
97.84
-1.90
(-1.90%)
1 Year Returns:-30.66%
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