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Zee Entertainment to initiate buyback for 66-M shares
Mumbai-based Zee Entertainment Enterprises Ltd will launch a share buyback program to repurchase up to 65.9 million shares, representing 6.86% of the company’s paid-up equity share capital. The buyback will be conducted at INR 91 per share, for an aggregate value of up to INR 600-Cr.The buyback will be executed via the tender offer route on a proportionate basis, with November 25, 2026, set as the record date to determine eligible shareholders.
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For FY26, Zee had reported about INR 7,567 Cr in Operating Income and about INR 121 Cr in PAT.