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Zee Shareholders Approve $330 Million Capital Raise Before Indian Regulator Bars Company From Markets
Shareholders of Indian media giant Zee Entertainment Enterprises Ltd.
AI Summary
Shareholders of Indian media giant Zee Entertainment Enterprises Ltd. approved a promoter group fund infusion worth INR3143.5 crore ($330 million) and a new employee stock option plan at an extraordinary general meeting, a day before India’s securities regulator barred the company and two of its top executives from the market. The Mumbai-headquartered media…
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