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ZEEL — Zee Entertainment Enterprises News Story

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India's Zee Entertainment falls after plan to issue warrants

BUZZ-India's Zee Entertainment falls after plan to issue warrants

** Shares of Zee Entertainment Enterprises ZEE.NS fall 3.2% to 104.79 rupees

** Broadcaster approves issue of warrants aggregating up to 31.44 bln rupees ($331.1 mln) on a preferential basis to promoter Sunbright Mauritius Investments

** To issue up to 249.5 mln warrants at 126 rupees each

** YTD, ZEE up nearly 17%

($1 = 94.9600 Indian rupees)


(Reporting by Vijay Malkar)

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

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