India's Zee Entertainment jumps on report firm gets approval for warrants issue plan

Zee Entertainment Enterprises

14/08/2026 09:33

** Shares of media firm Zee Entertainment Enterprises ZEE.NS rise as much as 8.3%, last up 6.1% at 102.6 rupees 
** The Securities Appellate Tribunal (SAT) grants interim relief to ZEE, permitting it to issue preferential warrants worth up to 31.44 bln rupees ($329.47 million), according to local newspaper Business Standard report
** Zee approached the tribunal against SEBI's July 31 order, report says
**  India's markets regulator, on July 31, had imposed penalties totalling 14.8 mln rupees on Zee, CEO Punit Goenka and Founder-Chairman Emeritus Subhash Chandra for securities law violations, and barred the firm from securities market for two months
** Zee did not immediately respond to a Reuters' request for comment
** More than 87 mln shares traded, 3.3x their 30-day moving avg
** Analysts rating, on avg, is "hold", median PT is 100 rupees - data compiled by LSEG
** YTD, ZEE up ~14%

($1 = 95.4250 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))