Zee Entertainment approves ₹600 crore share buyback
In short
Zee Entertainment approved a ₹600 crore share buyback of up to 6.59 crore shares at ₹91 apiece. The record date is November 25, 2026, and promoters will not take part.
The company has set aside 15% of the shares for small shareholders. The move is aimed at eligible investors who hold the stock on the record date.
What the reporting says
Zee Entertainment approved a ₹600 crore share buyback of up to 6.59 crore shares at ₹91 each through a proportionate tender offer. Shareholders on record as of November 25, 2026, are eligible, while promoters will not participate.
Why it matters
Zee Entertainment approved a ₹600 crore buyback of up to 6.59 crore shares at ₹91 each through a proportionate tender offer. Shareholders on record as of November 25, 2026, can take part, and promoters will not participate. The company has reserved 15% of the shares for small shareholders, which may affect how the offer is allocated among eligible investors.