Zee Entertainment Enterprises Limited has submitted a certificate from its statutory auditors, M/s. Walker Chandiok & Co LLP, confirming compliance with Regulation 169(4) of the ICDR Regulations. This certificate pertains to the issuance of fully convertible warrants to Sunbright Mauritius Investments Limited. The auditor’s report confirms that the consideration for the warrants was received from the allottee’s bank account and relevant records are maintained, as required by the regulations.
Auditor’s Certificate Filed
Zee Entertainment Enterprises Limited has officially submitted a certificate obtained from its statutory auditors, M/s. Walker Chandiok & Co LLP. This certificate attests to the company’s adherence to the requirements stipulated in Regulation 169(5) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations).
Confirmation of Compliance
The enclosed certificate from the chartered accountants confirms that Zee Entertainment Enterprises Limited is in compliance with Regulation 169(4) of the ICDR Regulations. Specifically, the auditors have verified that the consideration for the allotment of fully convertible warrants, issued to Sunbright Mauritius Investments Limited, was received from the allottee’s bank account. They also confirmed that the company has maintained the relevant documents and records in accordance with the said regulations as of August 21, 2026.
Statement Details
The accompanying statement details the receipt of consideration amounting to ₹659,76,05,857.50 for the allotment of 20,94,47,805 warrants to Sunbright Mauritius Investments Limited. The warrants were approved by the Board of Directors on July 1, 2026, and subsequently by the members in an extraordinary general meeting on July 31, 2026. The upfront consideration received for the subscription price of ₹31.50 per warrant was documented.
Source: BSE
