The board of Zee Leisure Inventory Worth: G Leisure Enterprises Restricted has authorized the discharge of 16,95,03,400 i.e. 16.95 crore Phuli Convertible Warrant. These warrants shall be launched to Altillis Applied sciences Personal Restricted and Sunborn Mauritius Investments Restricted on the choice foundation at a value of Rs 132 per warrant. These are promoter group antics. On this approach, the whole worth of this challenge shall be Rs 2237,44,48,800 i.e. Rs 2237.44 crore. Every warrant will be capable of convert to a totally paid up fairness share of an organization with a face worth of 1 rupee. On this approach the corporate has advised the inventory markets that warrantholders can convert them into shares inside 18 months from the date of allotment, in a number of levels. For this, they must pay a warrant train value of Rs 99 per warrant. This warrant challenge is but to be taken on shareholders and different regulatory approvals. How a lot will the stake of promoters be to be taken into an even bigger information. This can improve the promoters’ stake within the choice challenge firm by 18.39%. By the tip of March 2025, the promoters had 3.99 % stake within the firm. The worth of the warrant is above the minimal value of Rs 128.58 mounted by the capital market regulator SEBI, during which the promoters are paying a premium of Rs 3.42 per unit of Rs 3.42 per unit. G leisure closes at Rs 137.95 with a achieve of 37 % sturdy Zee Leisure in 37 % in 3 months. The corporate’s market cap is Rs 13250 crore. The inventory has gained 37 % in 3 months. On the identical time, it has seen an increase of 8 % in every week. The inventory has a 52 -week excessive stage of Rs 165.50 on BSE, which was recorded on 14 June 2024. The 52 -week low of Rs 89.29 was seen on 4 March 2025.
