The company will issue 5% coupon, unsecured, unlisted, foreign currency convertible (FCCBs) bonds up to $ 239,000,000 (Rs 1,997 crore) maturing in 10 years on a private placement basis to Resonance Opportunities Fund, St. John’s Wood Fund and Ebisu Global Opportunities Fund.
The issue opened on Tuesday, 16 July 2024 and the company will issue FCCBs at floor price of Rs 152.45 per share. The company will issue 124,670,576 equity shares at conversion price of Rs 160.20 per equity share (including equity premium of Rs 159.20).
ZEEL is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.
The company reported net profi...
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