Other Deals - Listed Firms
Zee Entertainment gets govt’s nod for to raise Rs.418-Cr in FDI from Invesco
Mumbai-based, publicly listed Zee Entertainment Enterprises has received government approval for a foreign investment of INR 418 crore from OFI Global China Fund, an Invesco-managed entity. The investment, processed under the foreign direct investment (FDI) route, was completed through the acquisition of shares during the January-March quarter of the 2026 fiscal year.Founded in 1992, Zee operates a core television broadcasting business and a digital segment and is currently working to broaden its content portfolio and rebuild its sports broadcasting division, having recently acquired media rights for FIFA competitions in the Indian subcontinent.This capital infusion marks the return of the Invesco-managed fund to the company’s shareholder base, following its exit in 2023.Zee also plans to raise INR 2,300 crore to support strategic initiatives and strengthen its balance sheet.
For FY25, Zee Entertainment Enterprises had reported about Rs.7,712-Cr in Operating Income and about Rs.701-Cr in PAT.
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