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Zee Board Clarifies Investor Queries On Fundraise Plans
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Zee Board Clarifies Investor Queries On Fundraise Plans
Zee Entertainment Ltd. has addressed pressing concerns raised by investors, providing clarity on its recent strategic decisions, particularly regarding the preferential issue and funding choices. This comes after three proxy advisory firms—Stakeholders Empowerment Services, Institutional Investor Advisory Services, and InGovern Research—warned investors to vote against Zee's Rs 2,237-crore fundraise plan.The firm was planning to raise these fund…
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