18:49 IST
BSE
Acquisition
Zee Entertainment Enterprises Acquisition Worth ₹116 Cr
Zee Entertainment Enterprises Ltd has approved a strategic investment of up to ₹116 Crore in Phantom Digital Effects Limited (PhantomFX). The investment, via Compulsorily Convertible Debentures, aims to strengthen Zee's VFX and animation capabilities for high-end OTT and film content. This partnership leverages PhantomFX's execution engine to accelerate Zee's IP-led creative ambitions globally.
- Value
- ₹116.0 Cr