Top Story


Home >> International >> Article

Zee to review ADR plans

Font Size   16
Zee to review ADR plans

Zee Telefilms announced that the company's plans to issue ADRs are on hold and have not been dropped, it would review plans at an opportune time. Last year, the company had announced plans to go for a $1.5 billion-ADR issue to fund expansion and received shareholders' approval for the same in April, but subsequently scaled this down to $200 million.

As per the original plan, money raised via the proposed issue was meant to fund Zee's acquisitions within the media business as well as other related expansion plans.

The ADR deferment comes close on the heels of the company announcing its decision to induct a strategic partner, preferably an international media major, so as to obtain "objectives of higher growth in the years ahead".


Karthik Raman, Chief Marketing Officer, IDBI Federal Life Insurance, on the brand’s unconventional approach to marketing and priorities for the next year

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Conceptualised and executed by WATConsult, the campaign focuses on how Lotus Make-up is an enabler for women from various walks of life

iProspect released the third annual 2018 Future Focus Whitepaper geared to examine how machines and technology will impact marketing and advertising in the year ahead

Mavcomm Consulting one of India’s leading Public Relations, Reputation Management& Brand Communications company today announced elevation of Pranjal Dutta to the role of CEO