While Zee’s eyes are strengthening 2,237 rupees, Chandra rejects loans and pledges amid the payment of governance

Zee Entertainment Enterprises Limited (Zeeel), Sophash Chandra, explained on July 3 that the group of promoters will not raise debts or shares pledge to finance the process of pumping a proposed box worth 2,237 rupees in the company through orders.

Chandra made comments during a 90 -minute call with analysts and investors, which Zel described as part of her ongoing efforts to enhance corporate governance and shareholder participation.

“No, we do not take any loans, nor do we undertake any shares. The money that is used is our own-it is a recovery from the entities associated with the meadow, which has returned to us,” Chandra told analysts and shareholders.

The planned investment of the group of promoters from the agency’s counted companies, as it will raise the contribution of Bonnet Gwsa and his family from 3.99 percent to 18.39 percent. Zeel shareholders are scheduled to vote on the private decision between July 6 and July 9.

Zeel is scheduled to receive 2,237.4 rupees by allocating a preference from fully transferred orders, with the company suggesting that 16.95 rupees will be issued at a price of $ 132 each, according to the approval of the shareholders.

The company stated that this capitalist leak is part of a broader strategy to enhance its financial base and pay long -term growth, especially in creating content and digital infrastructure. The administration believes that the new capital will help stabilize the public budget and support new initiatives in the advanced entertainment sector in India, including the first digital content and platforms that aim to create the value of shareholders.

Chandra has admitted that it is the current cash reserves of Zeel about 2,400 rupees, but stressed the need to remain an additional competitive capital.

According to reports, Chandra does not intend to wait for the full 18 -month period allowed to bring the guarantee funds, instead to instill the amount completely as soon as possible. Under the terms of the arrest order, 25 percent of the funds are paid in advance, with 75 percent remaining within 18 months.