Zee Media Corporation Limited has disclosed the filing of a commercial suit against it, following the conclusion of Pre-Institution Mediation proceedings. The company received intimation on the evening of May 13, 2026, regarding the suit filed before the Hon'ble Commercial Court at Rajarhat (District North 24 Parganas), Kolkata, West Bengal. This disclosure was made under Regulation 30 read with Schedule III of the Listing (Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Dispute

The matter traces back to a notice of Pre-Institution Mediation proceeding initiated against the company before the Alternative Dispute Redressal Center, Kolkata, which was disclosed by Zee Media Corporation on December 15, 2025. Following the mediation proceedings, the opposing party has now escalated the matter by filing a formal commercial suit before the designated court. The dispute centres on the alleged infringement of certain copyright material by the company.

Key Details of the Commercial Suit

The following table summarises the key particulars of the litigation as disclosed by the company:

Company's Assessment and Response

Zee Media Corporation has stated that, based on a preliminary assessment, no financial implications are expected against the company on account of this litigation. The company has been seeking necessary advice from its legal counsel on the matter and is actively defending the case. The disclosure was signed by Ranjit Srivastava, Company Secretary and Compliance Officer (Membership No. F14007), on May 14, 2026.

Summary

The commercial suit filed by Mr. Saumyajit Sen alias Ronny Sen against Zee Media Corporation alleges copyright infringement and carries a total claim of Rs. 18,11,25,000/- along with 18% interest. The company has maintained that it does not anticipate any financial liability arising from this matter, based on its preliminary assessment. The matter is currently being contested before the Hon'ble Commercial Court at Rajarhat, Kolkata, with the company engaging legal counsel for its defence.

Zee Media Corporation Limited has disclosed the resignation of two Senior Management Personnel to the stock exchanges on May 11, 2026, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures pertain to the departures of the company's Chief Brand Officer – Campaigns & IPs and Head – Marketing.

Senior Management Departures

The company has notified the exchanges of two separate resignations from its senior leadership. The details of both departures are summarised below:

Details of Individual Resignations

Aditya Tandon – Chief Brand Officer – Campaigns & IPs

Mr. Aditya Tandon submitted his resignation letter dated May 4, 2026, addressed to the Chief Executive Officer of Zee Media Corporation Limited. In his letter, Mr. Tandon stated that his decision was made after careful consideration and was driven solely by his intent to explore new opportunities supporting his professional growth. He confirmed that there are no other reasons, material or otherwise, beyond those stated. His resignation as part of the Senior Management of the company will be effective from the close of business hours on May 31, 2026.

Anindya Khare – Head – Marketing

Mr. Anindya Khare submitted his resignation letter dated May 10, 2026, also addressed to the Chief Executive Officer. Mr. Khare cited personal commitments and evolving career priorities as the reasons for his decision to step down. He confirmed that there are no other reasons, material or otherwise, for his resignation beyond those stated. His departure from the Senior Management of the company will be effective from the close of business hours on June 30, 2026.

Regulatory Disclosure

The disclosures were made by Ranjit Srivastava, Company Secretary & Compliance Officer of Zee Media Corporation Limited, in accordance with the applicable provisions of the SEBI Listing Regulations. Copies of the respective resignation letters have been enclosed as annexures to the regulatory filing. Both individuals were part of the Senior Management Personnel of the company, and the disclosures were made as required under the relevant circulars and the Industry Standard on Regulation 30 of the Listing Regulations issued by SEBI.