Zee Entertainment Share Price in Focus as Company Announces ₹600 Crore Share Buyback

Zee Entertainment Enterprises Limited has approved a buyback of up to 6.59 crore equity shares for ₹600 crore. The company will pay ₹91 for each share repurchased under the offer. The board approved the proposal on November 12, 2026. 

The shares covered by the buyback account for 6.86% of Zee Entertainment's paid-up equity share capital as of March 31, 2026. The company will use the tender offer route, which allows existing shareholders to offer their shares for repurchase. 

Who Can Participate? 

November 25, 2026, will be the record date for determining shareholder eligibility. The company has also set aside a portion of the buyback for small shareholders. The reservation will be 15% of the proposed buyback quantity or the number of shares they are entitled to, whichever is higher. 

The promoter group will not participate in the offer. Zee Entertainment has informed the board that its promoters and promoter group members do not intend to tender their shares. 

Buyback Price 

The offer price is 23.81% above Zee Entertainment's closing price on the BSE and NSE on November 12. It is also higher than the stock's average traded prices over the preceding weeks. 

Compared with the one-month volume-weighted average price up to November 6, the buyback price carries a premium of 32.61% on the BSE and 33.54% on the NSE. The corresponding premiums against the two-week averages are 39.25% and 38.95%. 

How Will the Company Fund It? 

Zee Entertainment is to use its existing cash balances, surplus, current investments and other internal resources to pay for the buyback. The company has stated that it will not use borrowed money for the exercise. 

Emkay Global Financial Services has been appointed to manage the transaction, while MUFG Intime India will act as registrar. The company is required to dispatch the letter of offer and tender forms within two working days of the record date.  

The final opening and closing dates will be decided by the buyback committee. 

Read More: Meesho Share Price in Focus After ₹1,885.17 Crore Block Deal on NSE! 

Zee Entertainment Share Price Performance  

As of November 13, 2026, 1:46 pm, Zee Entertainment Enterprises Ltd share price was trading at ₹72.15, a 1.84% increase from the previous closing price. 

Conclusion  

The buyback will cover up to 6.59 crore shares, with small shareholders receiving a reserved portion of the offer. The promoter group has stated that it will not participate. 

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