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FIPB clears Sun TV’s preferential allotment proposal

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MUMBAI: The Foreign Investment Promotion Board (FIPB) has formally cleared the application filed by Sun TV Ltd, which envisages plans to issue preferential allotment of shares to foreign investors.

The transfer amount will be worth Rs 75 million.

In the event of a preferential allotment to foreign investors, Sun will intimate the FIPB of the “identity of the foreign institutional investors, the number of equity shares proposed to be issued and other details.”

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In its application last month, Sun had said that it “proposes to issue equity shares to foreign investors either by way of a preferential allotment prior to the initial public offering (IPO) and/or by an IPO offering of its equity shares of the face value of Rs 10.”

Sun TV has already filed the red herring prospectus with Securities Exchange Board of India (SEBI) for its proposed IPO.

The company plans to come out with a fresh equity issue of 68,89,000 equity shares of Rs 10 each for cash, to be made entirely through the book building route.

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The issue will constitute 10 per cent of the fully diluted post issue paid-up capital of the company. Following the issue, the shareholding of Sun TV principal promoter Kalanithi Maran will reduce to 89.99 per cent from 99.99 per cent (61,999,969 shares).

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GECs

Zee tops fiction charts across six languages with strong show lineup

Broadcaster secures nearly half of top 10 spots as fiction strategy pays off

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MUMBAI: Fiction is proving to be Zee Entertainment Enterprises Ltd’s winning script. The broadcaster has emerged as the dominant force in television fiction, occupying an average of five spots in the top 10 charts across six major language markets.

Across Hindi (Pay), Marathi, Bangla, Odia, Kannada and Telugu general entertainment channels, the company commands a 48 per cent share of the top 10 fiction rankings, according to BARC data for weeks four to seven of 2026 among urban audiences aged 15 and above.

The strong showing reflects the company’s renewed focus on storytelling driven by cultural insight and local relevance. With family viewing still centred around prime time, Zee continues to attract more than 20 per cent viewership share across genres in this high engagement window, outperforming competitors.

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Zee Entertainment Enterprises Ltd, chief content officer Raghavendra Hunsur, said the results underline the effectiveness of the company’s sharply defined multilingual content strategy.

“The achievement is a firm testament to our content strategy across languages, which is clearly resonating with viewers,” Hunsur said. “Fiction shows remain the heart of entertainment. We will continue building both fiction and non fiction offerings that are authentic, engaging and rooted in local storytelling.”

The company’s Hindi flagship channel Zee TV has placed four relatively new launches among the top 10 shows in the Hindi Pay GEC category. These include Tumm Se Tumm Tak, Ganga Mai Ki Betiyan, Vasudha and Lakshmi Nivas, all introduced within the past 18 months.

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Regional markets are delivering equally strong performances. Zee Marathi has recorded a 470 basis point rise in market share to 34.7 per cent in January 2026 compared with January 2025. Four of its shows, Kamli, Taarini, Veen Doghatli Hi Tutena and Lakshmi Nivas, feature among the top 10 in the Marathi GEC genre.

In eastern India, Zee Bangla has reclaimed leadership in the Bangla GEC segment in week seven of 2026, driven by five shows in the top 10 including Parineeta, Taare Dhori Dhori Mone Kori, Jowar Bhata, Amader Dadamoni and Chirodini Tumi Je Amar. The top ranked show Parineeta draws inspiration from Gen Z insights, reflecting changing audience sensibilities.

Zee Sarthak continues its five year leadership streak in the Odia GEC space with shows such as Sathi Sata Janmara, Suna Jhia, Tu Khara Mu Chhai, Tuma Bina and Bhagya Rekha occupying the top positions.

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In the south, Zee Kannada maintains its long standing dominance, leading the Kannada GEC market for seven consecutive years. Seven fiction titles including Karna, Lakshmi Nivasa, Annayya, Amruthadhaare, Naa Ninna Bidalaare, Adi Lakshmi Purana and Brahmagantu form the top 7 shows in the category.

Zee Telugu is also gaining ground, emerging as the biggest channel across genres in Hyderabad while strengthening its position in the Telugu GEC segment across Andhra Pradesh and Telangana. Shows such as Jagadhatri, Meghasandesam, Jayam and Chamanthi occupy four of the top 10 spots.

With its regional channels gaining traction, Zee says it will continue sharpening its content playbook, focusing on stories that reflect everyday lives while tapping into evolving viewer preferences across markets.

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