Zee Entertainment Enterprises Limited has submitted a clarification to both BSE Limited and National Stock Exchange of India Limited regarding a news article published on economictimes.com. The clarification was prompted by specific communications received from the exchanges:
- BSE email dated July 1, 2025 (Reference: L/SURV/ONL/RV/SG/(2026-2027)/45)
- NSE email/letter dated July 1, 2025 (Reference: NSE/CM/Surveillance/17194)
The exchanges sought clarification regarding a news item captioned "Zee Entertainment shares jump 6% after Rs. 418 crore FDI approval" that appeared on Economic Times website.
The company explicitly states that it "does not know the basis of the news article" published by Economic Times. Furthermore, Zee Entertainment confirms that "there is no investment by OFI Global China Fund LLC in the Company during the period referred in the attachment."
The company affirms its compliance record with SEBI Listing Regulations and commits to continuing proper disclosure practices in accordance with regulatory requirements.
The document is digitally signed by Ashish Ramesh Agarwal, Company Secretary (FCS6669), on July 1, 2026 at 19:00:47 +05'30'. The signature includes full digital certificate details with postal code 400104, Maharashtra.
Financial Impact
No financial impact disclosed. The company explicitly denies the reported Rs. 418 crore FDI investment.