New Delhi, July 1 -- Zee Entertainment Enterprises Ltd. (ZEEL) share price soared over 8% after it informed exchanges that its board will meet on Wednesday, July 1, 2026, to consider and evaluate various options for raising funds.

The company said the board will deliberate on issuing equity shares and/or other securities convertible into equity through permissible modes, including private placement, preferential issue or any other suitable combination of methods.

The proposed fundraise comes after the company's earlier intimation dated June 6, 2026 and the outcome of the board meeting held on June 10, 2026. According to the filing, the board will also consider and approve the specific terms and conditions of the proposed fundraising exe...