Fidelity holds 4.61 per cent in Zee Telefilms

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Fidelity holds 4.61 per cent in Zee Telefilms

MUMBAI: Zee Telefilms Ltd has informed the NSE that the shareholding of Fidelity Investments and its associates has reduced from 5.01 per cent (20,694,046 shares) to 4.61 per cent (19,041,825 shares), after it received revised regulatory filings.
 
 
This is only due to exclusion of shareholdings of domestic mutual funds within the group, Zee said.

On 11 May, FMR Corp and its direct and indirect subsidiaries and Fidelity International Ltd and its direct and indirect subsidiaries had acquired 0.06 per cent (260,496 shares) stake in Zee Telefilms.

With this acquisition, their total shareholding in Zee had gone up to 5.01 per cent (20,694,046 shares).
 
 

This is only due to exclusion of shareholdings of domestic mutual funds within the group, Zee said.

On 11 May, FMR Corp and its direct and indirect subsidiaries and Fidelity International Ltd and its direct and indirect subsidiaries had acquired 0.06 per cent (260,496 shares) stake in Zee Telefilms.

With this acquisition, their total shareholding in Zee had gone up to 5.01 per cent (20,694,046 shares).