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)
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