Zee Entertainment Enterprises Ltd
NSE: ZEEL BSE: 505537
₹87.45
(0.06%)
Wed, 04 Mar 2026, 06:33 pm
Market Cap84.02B
PE Ratio14.90
Dividend2.78
Consumer Services
Broadcasting
24.5KCompany History
1982
- Incorporated on 25 November as Empire Holdings Ltd.
- Promoted by Essel group: Sanjay Badgamia, Vasant Parekh, Ashok Kothari.
1983
- Obtains Certificate of Commencement of Business on 5 January.
1986
- Issues 150,000 equity shares to public on 25 February.
1992
- Enters entertainment software business.
- Changes name to ZEE Telefilms Ltd.
- Co-promotes Essel Packaging Ltd.
1993
- ASSPL becomes wholly owned subsidiary.
- Signs agreement with Mauritius Broadcasting for ZEE TV programmes.
- Issues 89.28 million rights shares at premium; public offer.
1994
- Promotes Siti Cable Venture.
- Jointly promotes Zee Cinema with News Corp.
1995
- Promotes Programme Asia Trading Co. with Newscorp.
- Signs agreement with Asia Today Ltd. for software export.
- Appoints ASSPL as sole ad sales agent.
- Issues 400,000 redeemable preference shares.
1996
- Redeems preference shares.
1997
- Issues 300,000 preference shares.
- Signs agreement with Buena Vista for Disney animations on Zee TV.
- Partners Price Waterhouse and Gallup for Zee Cine Awards.
1998
- Signs LoI with EchoStar for US DTH.
- Launches Cine Zee magazine.
- Signs agreement with Deutsche Telecom for Germany.
- Siti Cable and Zee Telefilms merge operations.
- Plans cable Internet services via Siticable.
- FIIs permitted up to 30% equity.
1999
- Increases authorised capital to Rs 75 crore.
- Partners Canal Plus for digital TV/DTH.
- Launches 3 channels in Europe and regional languages in India.
- Launches 3 English channels including Asian News Network.
- Acquires Zee Multimedia Worldwide Limited.
- Acquires NewsCorp stakes in ATL, Siticable, PATCO for USD 296.51 million.
- Launches Alpha Marathi, Alpha Bangla, Alpha Punjabi.
2000
- Launches Alpha Gujarati channel.
- Singapore play-out facility becomes operational.
- Zeenext.com partners Unimobile.com.
- Signs MoU with Asianet for South channels.
- Plans 500 eZee Internet kiosks.
- Acquires 26% stake in Aplab Ltd.
- Announces $1.5 billion ADRs/ADS issue.
- Forms JV with MGM for South Asian movie channel.
- Launches Zee Sports.
- Promoter launches Zed TV.
- Forms JV with Sterling Infotech for DTH.
- Appoints R.K. Singh, Deepak Shourie, Dev Naganad as whole-time directors.
- De-merges Buddha Films.
- Promoter sells 50 lakh shares to US investor.
2001
- Converts Zee TV to pay channel from 10 June.
- Plans to induct strategic partner.
2002
- Launches open offer for 20% stake in ETC Networks.
- Acquires controlling stake in ETC Networks.
- Zee TV partners Cartoon Network and Nickelodeon.
2003
- Zee News launches 'Zee Follow Up' programme.
- Zee and Turner expand partnership for 3 channels.
- Receives first LoI for DTH operations.
- Board approves broadcasting Zee TV and Zee Cinema from India.
- Promoters' stake reduces to 50.5%.
- Foreign shareholding reaches 58%.
- Forms alliance with Rajshri Pictures.
- Board approves restructuring of subsidiaries.
- Delists from Ahmedabad and Delhi Stock Exchanges.
2004
- Announces launch of Jagran religious channel.
- Churu Trading acquires 3.4 million shares from Livewire.
- Launches encrypted beam for Singapore.
- BT Broadcast and ASCEL partner for teleport services.
2005
- Launches separate sports channel.
- Teams up with IBM Global.
- Forms alliance with PanGlobal TV.
- Partners Astro Malaysia for Hindi channel.
- Launches interactive game show Kam Ya Zyaada.
2006
- Acquires 50% stake in Ten Sports.
- Launches new channel in Indonesia.
2007
- Changes name to Zee Entertainment Enterprises Ltd.
2008
- Launches new channel in South India.
2009
- Acquires regional channels from Zee News.
- Merges ETC Networks; demerges education business into Zee Learn.
2010
- Members approve Scheme of Arrangement.
- Declares 200% special interim dividend.
- Approves scheme with 9X Media.
- Issues 1:1 bonus shares.
2012
- Launches new Bangla movie channel.
2013
- Board approves demerger of media business from Diligent Media Corporation.
2014
- RBI approves 100% FII investment.
- Recommends Rs 2 dividend per share.
2015
- Launches Zee Hiburan in Indonesia.
- Shifts registered office to Lower Parel, Mumbai.
- Launches Living Foodz channel.
2016
- Board approves acquisition of Fly By Wire International.
- Enters Philippines with Bollywood movie channel.
- Acquires 2 TV channels from Reliance Group.
- Launches Zee Marathi HD, Zee Bangla HD, Zee Talkies HD.
- Launches Zee Cinemalu Telugu movie channel.
2017
- Acquires 100% stake in Fly-By-Wire International.
- Acquires 100% in 9X Media and subsidiaries, balance 26% in Zee Turner.
- Acquires 80% stake in Margo Networks for Rs 75 crore.
- Acquires remaining 49% stake in India Webportal for USD 30.7 million.
2018
- Acquires US patent for digital technology.
- Launches online platform for small retail advertisers.
2019
- Recognized among India's Best Companies to Work For.
- Launches largest L&D program for front-line managers.
- Launches 4 new regional channels.
2020
- Zee5 partners Eduauraa for educational content.
- Wins 'Best Treasury Transformation' award.
2021
- Wins top honours at Businessworld HR Excellence Awards.
2022
- Signs strategic licensing agreement with Disney Star for ICC men's TV rights.
- Signs global media rights contract with UAE T20 League.
2023
- Competition Commission approves amalgamation with Bangla Entertainment and Culver Max Entertainment.
2024
- MD & CEO inaugurates Breach Candy Hospital’s Kidney Centre.
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