Zee Media Corporation Ltd - 532794 - Update On Pre-Institution Mediation Proceedings Against The Company.
Zee Media Corporation announced a commercial suit filed against it in Kolkata. The suit claims Rs. 18.11 crore plus 18% interest for alleged copyright infringement. The company believes no financial implications are expected.
May 14 2026 15:05:00
Zee Media Corporation Limited
Zee Media's Board of Directors will hold a meeting on May 18, 2026. The primary agenda for the meeting is to consider proposals related to fund raising. The specific mode of raising funds is yet to be determined.
May 13 2026 20:05:00
Zee Media Corporation Ltd - 532794 - Board Meeting Intimation for Fund Raising
Zee Media Corporation's Board of Directors will meet on May 18, 2026, to consider a proposal to raise funds. The fundraise may involve issuing equity or convertible securities via methods such as private placement or preferential issue.
May 13 2026 20:05:00
Zee Media Corporation Ltd - 532794 - Board Meeting Outcome for The Board Of Directors, At Its Meeting Held Today, I.E., May 8, 2026, Have Approved The Cancellation Of Warrants And Consequent Forfeiture Of The Upfront Subscription Amount.
Zee Media's preferential warrants, totaling Rs. 200 crore, lapsed as foreign investors did not exercise their conversion option by May 7, 2026. This resulted in the forfeiture of Rs. 50 crore of the upfront subscription amount.
May 08 2026 18:05:00
Zee Media Corporation Ltd - 532794 - The Company Received Communications From Warrant Holders Expressing Their Unwillingness To Exercise The Conversion Option On The Outstanding Warrants, Which Is Due On Or Before May 07, 2026
Zee Media informed that Foreign Portfolio Investors (FPIs) will not exercise their option to convert 13.33 crore outstanding warrants, which were issued at Rs. 15 per warrant and total nearly Rs. 200 crore. This impacts the company's expected capital infusion.
May 06 2026 20:05:00
Zee Media Corporation Limited
Zee Media Corporation announced that three Foreign Portfolio Investors (FPIs) have expressed unwillingness to convert 13.33 crore warrants, originally issued at Rs. 15 per warrant for a total of Rs. 200 crore. The conversion option was due on or before May 7, 2026, meaning the company will not receive this anticipated capital.
May 06 2026 20:05:00
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