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ZEEL plans to infuse ₹2,237 cr into short-form app, sports content and 3D R&D

Zee Entertainment Enterprises Limited (ZEEL) has announced an Extraordinary General Meeting (EGM) scheduled for July 10, 2025, to seek shareholder approval for raising up to Rs 2,237.44 crore. The funds will be raised through preferential allotment of fully convertible warrants to its promoter group entities, Altilis Technologies Private Limited and Sunbright Mauritius Investments Limited. ZEEL […]

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Zee Entertainment Enterprises Limited (ZEEL) has announced an Extraordinary General Meeting (EGM) scheduled for July 10, 2025, to seek shareholder approval for raising up to Rs 2,237.44 crore. The funds will be raised through preferential allotment of fully convertible warrants to its promoter group entities, Altilis Technologies Private Limited and Sunbright Mauritius Investments Limited.

ZEEL has estimated to spend Rs 1000 crore for investment in building new businesses such as an app for short form content, development of edutainment content for kids, developing and licensing of sport content properties, building of live content business, investment into expanding distribution segment of the business and investment into R&D for developing delivery of content into 3D format.

It will further infuse Rs 712.44 crore into inorganic expansion of business through M&A transaction – in the space of general entertainment including content and related tech companies and additional spends of Rs 525 crore for general corporate purposes.

Zee Entertainment Enterprises Ltd. (ZEE) had approved the issuance of up to 16.95 crore fully convertible warrants to its promoter group on a preferential basis, priced at Rs 132 per warrant, significantly above the SEBI-prescribed price of Rs 128.58. The move is aimed at strengthening the company’s financial foundation and accelerating its strategic ambitions in the content and technology space.

The Board met twice on June 16 to deliberate on the company’s future growth roadmap. In the first meeting, investment bank J.P. Morgan India Pvt. Ltd., appointed as a strategic advisor, presented its evaluation of ZEE’s long-term growth initiatives and market positioning. J.P. Morgan’s review included suggestions to augment the company’s balance sheet and position it for upcoming opportunities and market shifts.

The company plans to issue up to 16.95 crore warrants, each priced at ₹132 and convertible into one equity share of ₹1 each. The proposed allottees, Altilis Technologies Private Limited and Sunbright Mauritius Investments Limited, are part of the Zee promoter group. A 25% upfront payment of ₹33 per warrant will be required, with the remaining 75% payable at the time of conversion within 18 months from the allotment.

According to the explanatory statement accompanying the notice, the proceeds will support ZEEL’s strategic growth initiatives. The funds will be directed towards scaling new businesses such as short-form content apps, children’s edutainment, sports content development, and 3D content delivery R&D. Additionally, Zee aims to utilize the capital for potential mergers and acquisitions in the entertainment and content tech space and for general corporate purposes.

The statement to exchanges reads, “The Company intends to utilize the proceeds raised through the Preferential Issue (‘Issue Proceeds’) towards the following objects: Investment in building new businesses such as an app for short form content, development edutainment content of kids, developing and licensing of sport content properties, building of live content business, investment into expanding distribution segment of the business and investment into R&D for developing delivery of content into 3D format; Investment into inorganic expansion of business through M&A transaction – in the space of general entertainment including content and related tech companies.”

“The Board has deliberated upon the various alternatives and conducted a thorough evaluation of the Company’s growth plans,” said R. Gopalan, Chairman of ZEE. “The investment by the promoters, coupled with the ambitious growth initiatives planned by the management team, will ensure that ZEE remains well-positioned to accelerate its strategic plans.”

Promoter group representative Shubham Shree added that the group had expressed its intention to increase its stake as early as May 1, when ZEE’s stock traded at ₹106.35, underscoring their long-term commitment to the company’s vision even at higher price levels.

This move follows a series of strategic decisions by the company in recent months. On May 1, the Board had approved the incorporation of three wholly owned subsidiaries to diversify ZEE’s business. Additionally, the company recently invested in “Bullet”, a new-age content and tech start-up aimed at launching a micro-drama app targeting younger audiences.



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Nebraska Volleyball Announces Schedule Change for November Trip to USC

Nebraska volleyball will have a slight adjustment to its travel plans in mid-November. The Huskers announced on Thursday that due to scheduling conflicts, Nebraska’s West Coast road trip to USC has been pushed back one day from its original schedule. Nebraska was originally intended to compete against the Trojans on Saturday, Nov. 15, but will […]

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Nebraska volleyball will have a slight adjustment to its travel plans in mid-November.

The Huskers announced on Thursday that due to scheduling conflicts, Nebraska’s West Coast road trip to USC has been pushed back one day from its original schedule. Nebraska was originally intended to compete against the Trojans on Saturday, Nov. 15, but will instead take on USC a day later on Sunday, Nov. 16, at 2 p.m. CST. The game will now be streamed on B1G+.

The Huskers’ road schedule turns tricky in November, beginning with a Friday night road test on Halloween against Wisconsin before returning home Sunday to host Oregon. The Huskers then remain in Lincoln for a Thursday night tilt against Illinois on Nov. 6 before departing for Minnesota for a Saturday afternoon matchup on Nov. 8. The Big Red then begin their West Coast venture on Friday, Nov. 14 at UCLA before their newly scheduled matchup with USC.

Nebraska middle blocker Andi Jackson (15) hits a ball over USC outside hitter Ally Batenhorst.

Nebraska middle blocker Andi Jackson (15) hits a ball over USC outside hitter Ally Batenhorst. / Nebraska Athletics

Last season, Nebraska welcomed both UCLA and USC to the Bob Devaney Sports Center for home matchups on a Friday and Sunday slate. Nebraska would handle both California schools, winning 3-1 over UCLA on Friday, Sept. 27, then sweeping No. 20 USC on Sunday.

Nebraska’s last West Coast trip came in early November of 2024, as the Huskers visited Big Ten newcomers Oregon and Washington for a Thursday and Saturday trip. Nebraska handled business in back-to-back sweeps over the No. 12 Ducks and Washington en route to a national semifinal bid.

Nebraska is 3-1 all-time against the Trojans, as USC claimed the first win of the series in 1992 in a 3-1 victory on Nov. 13. Prior to the 2024 matchup, all of Nebraska and USC’s volleyball matches had been on neutral sites in Westwood, Calif. in 1992, Long Beach, Calif. in 1997, and in Omaha in 2008. The Huskers have won the previous three meetings.

Former Nebraska volleyball outside hitter Ally Batenhorst becomes emotional in her return to Lincoln with USC.

Former Nebraska volleyball outside hitter Ally Batenhorst becomes emotional as the Bob Devaney Sports Center crowd loudly welcomes her back with USC. / Nebraska Athletics/@HuskerVB on X

Emotions won’t run as high in the 2025 matchup as they did in Lincoln last September. Former Nebraska hitter Ally Batenhorst made her return to Nebraska after transferring from the program following the 2023 season. Batenhorst received a standing ovation from the Husker crowd leading into the contest and received a pregame embrace from Nebraska’s Lexi Rodriguez, Kennedi Orr, and Harper Murray.

Batenhorst would finish with 13 kills in the match while Nebraska settled in for their sixth-ranked victory at that point in their season. Murray finished with 12 kills, a pair of aces, and six digs in the contest, while Lexi Rodriguez had a match-high 13 digs.

Nebraska volleyball opens its 2025 season with the Red-White Scrimmage on Saturday, Aug. 9 followed by the Nebraska Alumni Match the following Saturday. The Huskers’ regular season begins on Friday, Aug. 22, against Pittsburgh as part of the AVCA First Serve, and awaits the start of Big Ten play until Wednesday, Sept. 24, against Michigan. The Big Red will appear on 19 regular-season national television appearances across the Big Ten Network, FOX, FS1, NBC, ABC, and ESPN, as well as having select games streamed on Nebraska Public Media and B1G+.

Nebraska Volleyball 2025 Schedule

Home matches are bolded. All times central

Stay up to date on all things Huskers by bookmarking Nebraska Cornhuskers On SI, subscribing to HuskerMax on YouTube, and visiting HuskerMax.com daily.



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MSU Earns Team Academic Honors from USTFCCCA

The Murray State women’s track & field program was honored by the U.S. Track & Field and Cross Country Coaches Association (USTFCCCA) as part of their national All-Academic Team awards for the 2024-25 school year.   “Our team members had a great year in the classroom,” said Murray State head coach Adam Kiesler. “We put […]

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The Murray State women’s track & field program was honored by the U.S. Track & Field and Cross Country Coaches Association (USTFCCCA) as part of their national All-Academic Team awards for the 2024-25 school year.
 
“Our team members had a great year in the classroom,” said Murray State head coach Adam Kiesler. “We put our academics at the top and to see their hard work pay off is very rewarding. We’re looking forward to the start of the fall semester and look for great performances on and off the field of play in 2025-26.”
 
The criteria for inclusion to the All-Academic Team awards includes all student-athletes on the institution’s NCAA Squad List for
Indoor and/or Outdoor Track and Field must be 3.0 or higher on a 4.0 scale.
 
For more information on the Murray State track and field team, visit GoRacers.com or follow @RacersXCTF on Instagram and X.
 



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Takeways From Media Day – University of Maryland Athletics

Maryland’s transfers bring SEC, international experience  Adam Hughes and the Terps’ coaching staff welcomed four transfers over the offseason. Three of the newcomers, including Ajack Malual, Haley Melby and Olivia Ruy, transferred from SEC programs.  Malual, a transfer from Tennessee, boasts international experience, having grown up playing volleyball in Italy. The native of Rome attended […]

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Maryland’s transfers bring SEC, international experience 

Adam Hughes and the Terps’ coaching staff welcomed four transfers over the offseason. Three of the newcomers, including Ajack Malual, Haley Melby and Olivia Ruy, transferred from SEC programs. 

Malual, a transfer from Tennessee, boasts international experience, having grown up playing volleyball in Italy. The native of Rome attended Tambosi ETI and was a member of the Italian U18 National Team. Her sister, Adhu, competes professionally in Italy, while her brother, Dhiu, previously competed professionally there. 

The senior explained how transitioning to play in the United States has had a positive impact on her game. 

“I feel like it has been such a beautiful experience for me,” Malual said. “I feel like I have something extra in my luggage of experiences in life. I get to see how people in America play. … It kind of taught me to adapt to change very quickly.”



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Men’s Volleyball Welcomes Gabriel Vergés as Inaugural Signee

Story Links RIVERDALE, NY – Manhattan Men’s Volleyball Head Coach Chris Schortgen has officially announced his first-ever signing with freshman setter Gabriel Vergés, on Thursday afternoon. “We are very excited to welcome Gabriel Vergés as our first international commit for our inaugural men’s volleyball season.” said Schortgen. “Gabriel comes to us from Barcelona where […]

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RIVERDALE, NY – Manhattan Men’s Volleyball Head Coach Chris Schortgen has officially announced his first-ever signing with freshman setter Gabriel Vergés, on Thursday afternoon.

“We are very excited to welcome Gabriel Vergés as our first international commit for our inaugural men’s volleyball season.” said Schortgen.

“Gabriel comes to us from Barcelona where he left his home at 13 to train at one of the top volleyball academies in Spain. He’s a very technical setter with a high IQ and proven leader throughout his career. We look forward to building with him.”

Vergés, the 6-4 setter who hails from Vilanova I la Geltru, Barcelona in Spain, attended INS Dolors Mallafré I Ros School, where he played six years of high school volleyball.

The incoming freshman was presented a high-performance athlete scholarship during his time at Vilanova I la Geltru, while helping his team to a third-place finish in back-to-back years in the Spanish Primera División Championships.

On the club circuit, Vergés most recently played for CEVOL Torredembarra. Prior to CEVOL, Verges competed with Club CV Barberá, Get BLUME, and VC Sant Martí as early as 2021-22.

Additionally, the Spaniard competed in Taekwondo for eight years in grade school in Barcelona.

In the classroom, Vergés was among the top three in his graduating class.

Vergés will be pursuing his bachelor’s degree in physics in Riverdale.

Follow Manhattan Men’s Volleyball on X and Instagram (@ManhattanMVBall).



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Weightlifting Set to Return to Commonwealth Youth Games

British Weight Lifting is thrilled to learn that Weightlifting will be included in the sport programme of the 2027 Commonwealth Youth Games to be held in Malta. This marks a celebratory return for the sport, having last been featured at the 2015 Commonwealth Youth Games in Samoa. With over 1,150 athletes aged 14–18 expected to […]

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British Weight Lifting is thrilled to learn that Weightlifting will be included in the sport programme of the 2027 Commonwealth Youth Games to be held in Malta.

Weightlifting Set to Return to Commonwealth Youth Games in Malta 2027

This marks a celebratory return for the sport, having last been featured at the 2015 Commonwealth Youth Games in Samoa.

With over 1,150 athletes aged 14–18 expected to participate from across the Commonwealth Youth Games, the 2027 edition in Malta promises to be one of the most exciting yet. The sports programme includes athletics, para athletics, swimming and para swimming, water polo, netball, triathlon, sailing, squash—and, proudly, weightlifting.

Why This Matters to Weightlifting

  • A welcome milestone: This marks the sport’s return after a 12 year gap.
  • Pathway for youth athletes: The Commonwealth Youth Games has launched the careers of many past champions. Take Chris Murray, who earned his first international medal—a bronze—in the men’s 62kg category at Samoa 2015, before going on to become Commonwealth Games Champion in 2022.
  • Spotlight on our next generation: The Malta platform will offer young UK weightlifters the invaluable experience of international competition in a multi-sport environment much like the stepping stones ahead of the Glasgow 2026 Commonwealth Games.

Weightlifting’s return to the Commonwealth Youth Games in Malta 2027 is a momentous and welcome development. 12 years on from Samoa 2015, this edition offers young British weightlifters a powerful launchpad and fans a chance to cheer on the stars of tomorrow on an international stage.

Chris Murray commented “I am so pleased to see Weightlifting back on the programme for the Commonwealth Youth Games. Opportunities like this offer young athletes an important international experience where they can build confidence for future competitions. I had a fantastic time competing at the Commonwealth Youth Games in Samoa and look forward to other athletes having the same experience in Malta.”

Chris Murray with his Bronze medal, Samoa Commonwealth Youth Games 2015

Chris Murray with his Gold medal, Birmingham Commonwealth Games 2022





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MLB roundup: Braves beat Reds after 16-run eighth inning – Field Level Media – Professional sports content solutions

Marcell Ozuna’s sacrifice fly drove in Matt Olson with the go-ahead run in the 10th inning as the visiting Atlanta Braves beat the Cincinnati Reds 12-11 on Thursday night in a wild game in Cincinnati. After the Braves scored eight runs in the top of the eighth, the Reds followed with eight runs of their […]

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Marcell Ozuna’s sacrifice fly drove in Matt Olson with the go-ahead run in the 10th inning as the visiting Atlanta Braves beat the Cincinnati Reds 12-11 on Thursday night in a wild game in Cincinnati.

After the Braves scored eight runs in the top of the eighth, the Reds followed with eight runs of their own in the bottom half of the inning. It was just the third time in major league history that both teams scored eight-plus runs in the same frame, per Elias Sports Bureau.

Pierce Johnson (2-3) didn’t surrender any hits in the ninth to collect the win, and Raisel Iglesias was perfect in the 10th to earn his 13th save in 18 chances. Atlanta’s Ozzie Albies had four hits and two RBIs, and Ozuna contributed a single, three walks and three runs.

Ke’Bryan Hayes and Spencer Steer each had three-run home runs in the Reds’ eight-run eighth inning while Elly De La Cruz hit his first home run since June 23 in the third inning, snapping the longest homer drought of his career.

Yankees 7, Rays 4

Ben Rice hit a three-run homer in the second inning after Giancarlo Stanton blasted a two-run shot in the first as host New York raced out to a seven-run lead and recorded a victory over sliding Tampa Bay.

Yankees starter Marcus Stroman (3-2) allowed four runs on six hits in five innings. Jonathan Loaisiga converted his first save with a shutout ninth as New York won the last three games of the four-game series.

Brandon Lowe had two hits for the Rays, who have lost seven of eight. Ryan Pepiot (6-9) gave up seven runs on six hits in four innings.

Mariners 6, Rangers 0

Cal Raleigh hit his major-league-leading 42nd home run of the season and George Kirby pitched six strong innings as Seattle defeated visiting Texas in the opener of a four-game series.

Kirby (6-5) continued his mastery of the Rangers by allowing just three hits. In 10 career starts against Texas, Kirby is 8-0 with a 1.04 ERA. Rookie Cole Young hit a solo shot and a run-scoring triple for the Mariners.

Texas starter Kumar Rocker (4-5), who was 3-0 over his previous seven starts, gave up three runs on six hits over 4 2/3 innings.

–Field Level Media



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