On 04 March 2014
Zee Entertainment Enterprises announced that the company on 06 March 2014 has issued and allotted 20,169,423,120 - 6% cumulative redeemable non- convertible preference shares as bonus of Re 1 each fully paid as bonus to equity shareholders on the record date i.e. 04 March 2014, in the ratio of 21 bonus preference shares for every 1 equity share held in the company. The said allotment has been made in pursuance of the scheme of arrangement approved by Hon'ble Bombay High Court vide Order passed on 20 December 2013, which became effective from 17 February 2014.Powered by Capital Market - Live News
