Zee Entertainment buyback: What happened with ZEEL stock after ₹600 cr announcement? Check record date, price

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Zee Entertainment approved a ₹600 crore share buyback of up to 6.59 crore shares at ₹91 apiece through a proportionate tender offer. Shareholders on record as of November 25, 2026, are eligible. Promoters will not participate, and 15% of shares will be reserved for small shareholders.

Zee Entertainment Enterprises has announced a ₹600 crore share buyback, offering shareholders an opportunity to tender their shares at ₹91 apiece. The company's board approved the proposal on November 12, 2026, for the buyback of up to 6.59 crore fully paid-up equity shares with a face value of ₹1 each.

The media stock fell over 3% on Friday, Nov 13, to its day's low of ₹75.49 per share on BSE post the announcement of the buyback. The stock has lost 3% in 1 month, 26% in 3 months, 19% in 6 months and 28% in last 1 year.

The proposed buyback will be conducted through the tender offer route on a proportionate basis, with November 25, 2026, fixed as the record date to determine eligible shareholders.

The company said the move followed a detailed assessment of its financial position, free cash flow, business outlook and shareholder expectations. Here are the key things investors should know about the proposed Zee Entertainment buyback.

Zee Entertainment's board has approved a buyback of up to 6,59,34,065 fully paid-up equity shares, representing up to 6.86% of the company's existing paid-up equity share capital. The total buyback amount has been capped at ₹600 crore.

The buyback size represents 7.22% and 6.61% of the aggregate paid-up equity share capital and free reserves, based on the company's latest standalone and consolidated audited financial statements, respectively, as of March 31, 2026.

The company has fixed the buyback price at ₹91 per equity share, payable in cash. The offer will be made to shareholders and beneficial owners whose names appear on the company's records as of the record date.

The board has also authorised the possibility of revising the buyback price upwards and reducing the number of shares proposed to be bought back, provided the overall buyback size remains unchanged. Such a revision can be made up to one working day before the record date.

Zee Entertainment has fixed Wednesday, November 25, 2026, as the record date for determining shareholders…

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