Zee Media Corporation Limited
Zee Media Corp's Board approved a preferential issue of 140 million warrants. This fundraise aims to collect Rs. 119 crore at an issue price of Rs. 8 per warrant from three investors.
May 18 2026 20:05:00
Zee Media Corporation Ltd - 532794 - Approval Of Notice Of Extra Ordinary General Meeting
Zee Media's board has approved raising Rs. 119 crore through a preferential issue of up to 14 crore convertible warrants at Rs. 8.50 per warrant. These will be allotted to Foreign Portfolio Investors (FPIs) and will require shareholder approval at an EGM on June 13, 2026.
May 18 2026 20:05:00
Zee Media Corporation Limited
Zee Media Board approved a preferential issue of up to 14 crore warrants to Foreign Portfolio Investors at Rs. 8.50 per warrant, aggregating Rs. 119 crore. These warrants are convertible into equity shares, and shareholder approval for the same will be sought at an upcoming EGM.
May 18 2026 20:05:00
Zee Media Corporation Limited
Zee Media's Board approved a preferential issue of warrants aggregating Rs.1,190 crore. These warrants will be allotted to non-promoter FPIs and are convertible into equity shares at Rs.8.50 each within 18 months, subject to shareholder approval.
May 18 2026 20:05:00
Zee Media Corporation Ltd - 532794 - Board Meeting Outcome for Outcome Of Board Meeting Dated May 18, 2026
Zee Media Board approved a preferential issue of 14 crore convertible warrants at ₹8.50 per warrant, aggregating to ₹119 crore. These warrants will be allotted to non-promoter Foreign Portfolio Investors. Additionally, Ms. Swetha Gopalan was re-appointed as an Independent Director for a second five-year term, effective August 1, 2026, pending EGM approval on June 13, 2026.
May 18 2026 20:05:00
Zee Media Corporation Limited
Zee Media's Board approved a preferential issue of warrants aggregating Rs.1,190 crore. These warrants will be allotted to non-promoter FPIs and are convertible into equity shares at Rs.8.50 each within 18 months, subject to shareholder approval.
May 18 2026 20:05:00
Zee Media Corporation Limited
Zee Media's Board approved a preferential issue of warrants aggregating Rs.1,190 crore. These warrants will be allotted to non-promoter FPIs and are convertible into equity shares at Rs.8.50 each within 18 months, subject to shareholder approval.
May 18 2026 20:05:00
Zee Media Corporation Limited
Zee Media's Board approved the preferential issue of up to 140 crore warrants at an issue price of Rs. 8.50 each, aggregating Rs. 1,190 crore. These warrants are convertible into equity shares and will be allotted to Foreign Portfolio Investors, subject to shareholder approval.
May 18 2026 20:05:00
Zee Media Corporation Ltd - 532794 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Zee Media's monitoring agency reported the cancellation of Rs.200 crore preferential issue warrants. The Board approved forfeiture of the upfront amount as warrant holders did not remit the balance, affecting the company's capital plans.
May 15 2026 15:05:00
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
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