Nuvama Institutional Equities sees merit in Zee's promoter warrant issue, citing a stronger business case and potential support for its sports strategy.

India

Who

Nuvama Institutional Equities, Abneesh Roy, InGovern

What

When

Thu, 02 Jul 2026 06:56:40 GMT · 2h 18m ago

Where

India ·

Why

Funds from the warrant issue are expected to support Zee's sports strategy, particularly after securing FIFA rights, with expectations of advertising demand recovery and improved viewership.

The Frontline Impact

How this affects you

The warrant issue is viewed by Nuvama as a positive for Zee's long-term growth, potentially unlocking value from its music business and supporting its sports expansion. InGovern remains skeptical.

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Verified Sources & Citations

CNBC TV18
https://www.cnbctv18.com/market/stocks/zee-promoter-warrant-issue-fifa-rights-growth-outlook-nuvama-ingovern-19937008.htm
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