Zee Entertainment Plans Rs 2,000 Crore Fundraising

Zee Entertainment Enterprises' board has approved a proposal to raise Rs 2,000 crore. This fundraising aims to bolster the company's growth initiatives and improve its financial health. The move is crucial as Zee is in the midst of a significant merger with Sony Pictures Networks India, a deal that has been progressing despite regulatory hurdles. This fresh capital is expected to enhance Zee's operational capabilities and support its strategic goals, ensuring the company remains competitive in the evolving media landscape.



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