Public Market Secondary Issues
Zee Entertainment to raise Rs.2,300-Cr for expansion
Zee Entertainment plans to raise INR 2,300 crore to support its strategic and business initiatives.The firm intends to use the proceeds to support its growth, which include the recent expansion of its sports broadcasting portfolio and previous investments in new ventures such as the micro-drama app Bullet and the visual effects studio PhantomFX.
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For FY25, Zee had reported about INR 7,712 Cr in Operating Income and about INR 701 Cr in PAT.