Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, additional investment in OCDs of ZBullet Enterprises Limited
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Zee Entertainment Enterprises (ZEEL) has approved additional investment of up to Rs. 100 Crores in Optionally Convertible Debentures (OCDs) of its subsidiary ZBullet Enterprises Limited (ZBEL). The investment will be made in one or more tranches as cash consideration. ZBEL was incorporated in June 2025 to launch a micro drama app named 'Bullet' offering short-form content. For FY 26, ZBEL reported a turnover of Rs. 34 million. The transaction qualifies as a related party transaction since ZBEL is a subsidiary, but it is conducted on an arm's length basis. No regulatory approvals are required for this investment.
This investment signals ZEEL's continued financial support for its digital content subsidiary focused on short-form video. While the amount is significant, it represents support for an early-stage venture rather than core broadcasting operations.