Allotment of Securities

August 21, 2026 The Listing Department, The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 BSE Scrip Code Equity: 505537 NSE Symbol: ZEEL EQ Dear Madam/Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Allotment of fully Convertible Warrants on a preferential basis Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Schedule III to the Listing Regulations (as amended from time to time), and in continuation to our earlier intimation(s) in this regard, we would like to inform you that pursuant to the resolution passed by the Board of Directors (“Board”) at its meeting held on July 1, 2026 and the special resolution passed by the members of the Company at the Extra Ordinary General Meeting held on July 31, 2026 and in pursuance of the in-principle approval Letter No. NSE/LIST/56250 and letter No. LOD/PREF/PB/FIP/569/2026-27, both dated July 27, 2026, received from the National Stock Exchange of India Limited and BSE Limited respectively, and the Securities Appellate Tribunal order dated August 14, 2026, the Preferential Issue and Allotment Committee vide its resolution dated August 21, 2026, has allotted 20,94,47,805 (Twenty Crore Ninety Four Lakh Forty Seven Thousand Eight Hundred Five Only) fully convertible warrants (“Warrants”) at a price (inclusive of both the Warrant Subscription Price i.e. ₹ 31.50 and the Warrant Exercise Price i.e. ₹ 94.50) of ₹ 126/- per warrant (“Warrant Issue Price”) on a preferential basis to Promoter Group entity namely, Sunbright Mauritius Investments Limited, in the following manner: Name of the Allottee Category Warrant Number of Subscription Warrants Price Received allotted (in INR) Sunbright Mauritius Promoter Group 659,76,05,857.50 20,94,47,805 Investments Limited entity The Company has received 25% of the Warrant Issue Price, i.e., ₹ 31.5/- per warrant, aggregating to ₹ 659,76,05,857.50/- (Rupees Six Hundred Fifty Nine Crore Seventy-Six Lakh Five Thousand Eight Hundred Fifty Seven and Fifty paise Only), as the Warrant Subscription Price from the Allottee mentioned above, basis which the Committee has made the allotment of Warrants. The allotment of these Warrants entitles the Allottee to seek conversion of the Warrants in one or more tranches, within a maximum period of 18 months from the date of allotment of the Warrants viz. August 21, 2026, upon payment of Warrant Exercise Price of ₹ 94.5/- (Rupees Ninety Four and Fifty Paise Only), equivalent to 75% (Seventy five per cent) of the Warrant Issue Price (‘Warrant Exercise Price’), and be allotted one fully paid-up Equity Share of the Company of face value of ₹ 1/- each at a price of ₹ 126/- per share (including premium of ₹ 125/- per share), against each Warrant, with the amount paid against each Warrant be adjusted against the issue price for the resultant Equity Share. As the Company has allotted the convertible Warrants to Allottee, there is no change in the paid-up share capital of the Company at this stage. The details required to be disclosed as per Regulation 30 of SEBI Listing Regulations read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure – A. Kindly take the above on your record. Thanking you, Yours faithfully, For Zee Entertainment Enterprises Limited Ashish Agarwal Company Secretary FCS6669 Encl: As above Annexure – A Sr. Particulars Details 1. Type of securities Warrants proposed to be issued (viz. equity Each Warrant is fully convertible into one fully paid-up equity share of shares, the Company. convertibles etc.) 2. Type of issuance Preferential Issue on a private placement basis, in accordance with the (further applicable provisions of the Companies Act, 2013 and the rules made public offering, thereunder, and Chapter V of the SEBI (ICDR) Regulations, 2018 and other rights issue, applicable law, as amended from time to time. depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of Allotment of 20,94,47,805 (Twenty Crore Ninety Four Lakh Forty Seven securities Thousand Eight Hundred Five Only) Warrants of the Company, for cash proposed to be consideration, at an issue price of ₹ 126/- (Rupees One hundred Twenty- issued or Six only) per Warrant, convertible into, 1 (One) fully paid Equity Share of the total amount face value ₹ 1/- each of the Company at a price of ₹ 126/- per share for which (including premium of ₹ 125/- per share) for each Warrant (‘Warrant Issue the securities will Price’). The amount paid against Warrant shall be adjusted against the be issued issue price for the resultant Equity Shares. (approximately) An amount equivalent to 25% of the Warrant Issue Price, which was payable at the time of subscription and allotment of each Warrant, has been received by the Company. Upon the receipt of the balance 75% of the Warrant Issue Price from the Warrant holder(s), the said Warrants will be converted into equity shares of the Company. The price of the Warrants and the number of Equity Shares to be allotted on conversion Warrants shall be subject to appropriate adjustments as permitted under applicable laws 4. Name of Investor Sunbright Mauritius Investments Limited 5. Post allotment of Pre preferential issue to Shareholding of proposed allottee post securities - the proposed allottee conversion of Warrants (on fully diluted outcome of the basis)* subscription No. of % Held No. of shares % to be shares held to be held held NIL 209447805 17.90% * The % holding calculated in this column is based on the assumption that all the currently outstanding convertible warrants of the company will be fully converted into equity shares 6. Issue ₹ 126/- per Warrant. Price/allotted For determining the Issue Price, Pricing Report and Valuation Report obtained price from a Registered Valuer in accordance with Regulations 164(1) and 166A of (in case of the SEBI ICDR Regulations, have been considered, pursuant to Regulation convertibles) 166A of the SEBI ICDR Regulations. 7. Number of 1 (One) investors 8. In case of The rights attached to Warrants may be exercised by the Warrant convertibles - Holder(s), in one or more tranches, at any time on or before the expiry of Intimation on 18 months, from the date of allotment of the Warrants. In the event the conversion of Warrant Holder(s) do not exercise the right attached to the Warrant(s) securities or within 18 months from the date of allotment of the Warrants, such on lapse of the unexercised Warrant(s) shall lapse, and the amount paid to the Company tenure of the at the time of subscription of such unexercised Warrant(s) shall stand instrument. forfeited. 9. Any cancellation Not Applicable termination of proposal for issuance of securities including reasons thereof.