New Delhi, June 11 -- Zee Entertainment Enterprises Ltd (ZEEL) share price jumped 4% in intra-day deals on Thursday, 11 June after it approved a major fundraising plan. The company's board cleared a proposal to raise a minimum of Rs.2,300 crore to support the company's strategic and business initiatives. The decision was taken at a board meeting held on June 10, 2026, according to a regulatory filing submitted to the stock exchanges.

Zee stock jumped as much as 3.9% to its day's high of Rs.107.12 per share on BSE.

The media and entertainment company said the proposed capital raise will be undertaken in one or more phases or tranches. According to the exchange filing, the board has not yet finalised the exact mode of fundraising and will...