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ZEEL — Zee Entertainment Enterprises News Story

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India's Zee Entertainment extends gains on plan to raise funds

BUZZ-India's Zee Entertainment extends gains on plan to raise funds

** Shares of Zee Entertainment Enterprises ZEE.NS rise as much 4.4% to 117.20 rupees, set to gain for fourth straight session

** TV Broadcasting co's board to meet on Wednesday to consider raising funds via issue of shares or other securities through private placement, preferential issue, or any other method

** ZEE rose in the past two sessions after it partnered with FIFA to broadcast the 2026 Football World Cup in India

** Trading vols over 2x the 30-day average at 83.5 mln shares so far

** YTD, ZEE up ~27%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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