Capital Markets #zee#sat
Zee moves SAT, seeks one-day extension for warrant subscription after Rs 75 crore delay
Zee Entertainment Enterprises has approached the Securities Appellate Tribunal (SAT) seeking a one-day extension to complete a warrant subscription by promoter entity Sunbright Mauritius Investments, after about Rs 75 crore of the subscription amount was credited after the deadline. SAT, which had earlier allowed the warrant issuance and set an Aug 21 deadline, is expected to rule on Thursday.
Aug 26, 2026 1 source