Zee Media Corporation Limited has scheduled its 27th Annual General Meeting (AGM) for Tuesday, September 22, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), adhering to the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

The company will dispatch the notice convening the AGM, along with the Annual Report for FY25-26, exclusively through electronic mode to shareholders who have registered their email addresses with the company, their Depository Participants (DPs), or Registrar and Share Transfer Agents (RTAs). This digital-first approach aligns with regulatory mandates promoting paperless corporate communications.

Registration Process

Shareholders who have not yet registered their email addresses are urged to do so immediately to ensure receipt of the AGM materials. The registration process differs based on the mode of shareholding:

• Demat Holders: Update email details directly with their respective Depository Participants.
• Physical Holders: Submit details including Folio number and a self-attested copy of their PAN card to MUFG Intime India Private Limited, the company’s RTA. This can be done by writing to their Mumbai office or emailing rtt.helpdesk@in.mps.mufc.com.

An online portal is also available for physical shareholders to update their details securely.

E-Voting Facility

Zee Media will provide remote e-voting facilities to all members entitled to vote at the AGM. The National Securities Depository Limited (NSDL) has been engaged to facilitate this process. Instructions for joining the VC/OAVM session and casting votes electronically will be detailed in the official AGM notice.

Shareholders can access the AGM notice and Annual Report on the company’s website (www.zeemedia.com) and the stock exchange websites (BSE and NSE) once published. Physical copies of the documents may be requested by writing to the compliance officer at compliance-officer@zeemedia.com.

For queries regarding the AGM or email registration, shareholders may contact MUFG Intime India Private Limited at their toll-free number 1800 1020 878 or via email.

Zee Media Corporation has allotted 3,960 unsecured, unlisted Foreign Currency Convertible Bonds (FCCBs) to Sun India Opportunities Investing Fund 'incorporated VCC sub-fund' on July 30, 2026. The Securities Issue and Allotment Committee approved the allotment upon receipt of subscription money, marking the completion of the private placement process initiated earlier. This transaction does not result in an immediate change to the company's paid-up share capital, as the instruments are convertible bonds rather than direct equity issuance.

The allotment was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. The filing references a prior intimation dated April 8, 2025, regarding the proposed issue. Ranjit Srivastava, Company Secretary & Compliance Officer, certified the disclosure, confirming that the allotment was executed in accordance with the terms agreed between the parties and applicable laws.

Allotment Details

The bonds carry a fixed coupon rate of 5% and will mature in 10 years. Upon conversion, the investor is entitled to receive an aggregate of 2,51,70,552 fully paid-up equity shares. The conversion price is set at Rs. 13.50 per equity share, which includes a premium of Rs. 12.50 per share. This conversion price is subject to adjustments in accordance with the terms of the issue and relevant regulations.

What the Numbers Show

The structure of this financing instrument highlights a strategic approach to capital raising without immediate dilution of existing shareholders. By issuing convertible bonds at a significant premium (Rs. 12.50 over the base value implied by the conversion mechanics), Zee Media secures long-term debt financing while offering the investor substantial equity upside potential. The conversion into over 2.5 crore shares represents a material future dilution event, contingent upon the bondholder's exercise of conversion rights. The 10-year tenor provides the company with stable, long-term liability coverage, shielding it from near-term refinancing risks while deferring equity dilution until the conversion window opens or matures.