Zee Media Corporation Ltd auditor certifies ICDR compliance

1 min read     Updated on 09 Jul 2026, 07:16 PM
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Ashish TScanX News Team
AI Summary

Zee Media Corporation Ltd submitted a statutory auditor certificate confirming compliance with SEBI ICDR Regulation 169(4) on July 9, 2026.

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Zee Media Corporation Limited has submitted a certificate from its statutory auditors confirming compliance with Regulation 169(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The submission was made to the Manager – Corporate Relationship Department on July 9, 2026, to fulfill regulatory requirements.

The certificate was issued by Ford Rhodes Parks & Co. LLP, Chartered Accountants, acting as the statutory auditors for the company. The firm holds registration number 102860W/W100089. The document certifies that the company adheres to the provisions specified under Regulation 169(4) of the ICDR Regulations.

Regulatory Compliance

The submission follows the provisions of Regulation 169(5) of the ICDR Regulations, which mandates issuers to provide a certificate from statutory auditors confirming compliance with the norms regarding utilization of funds and other requirements. The filing ensures that the company meets the necessary disclosure standards set by the market regulator.

Entity Details
Company Zee Media Corporation Limited
Auditor Ford Rhodes Parks & Co. LLP
Firm Registration No. 102860W/W100089
Regulation SEBI ICDR Regulation 169(5)
Submission Date July 9, 2026

Historical Stock Returns for Zee Media Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-3.83%-2.13%-4.82%-44.70%-36.48%

What specific capital-raising plans does Zee Media have following this regulatory compliance certification?

How will the confirmation of fund utilization compliance impact investor confidence in Zee Media's upcoming financial disclosures?

Could this submission signal the initiation of a new issuance or further capital requirements for the company?

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Acacia Partners holds 5.51% in Zee Media after warrant conversion

1 min read     Updated on 09 Jul 2026, 11:07 AM
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Suketu GScanX News Team
AI Summary

Acacia Partners group disclosed a 5.51% stake in Zee Media Corporation Ltd following an equity capital change due to warrant conversion on June 30, 2026. The group holds 36,080,600 shares, representing a fluctuation from the previously reported 7.66%.

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Acacia Partners group disclosed a 5.51% stake in Zee Media Corporation Limited following an equity capital change due to warrant conversion on June 30, 2026. The group, acting through Acacia Banyan Partners and other entities, holds 36,080,600 shares. This disclosure was made to the stock exchanges under the Substantial Acquisition of Shares and Takeovers Regulations, 2011.

The filing was submitted by Citibank N.A. on behalf of the acquirer group. The total paid-up equity capital of Zee Media Corporation Limited increased to 655,428,680 shares after the transaction. The acquirer clarified that it does not belong to the promoter or promoter group of the target company.

Holding Details

The disclosure details the shareholding pattern before and after the equity capital change. The acquirer's holding percentage decreased from 5.77% to 5.51% due to the increase in the total equity share capital of the company. No shares were acquired or sold in the open market; the change was solely due to the conversion of warrants.

Description Number of Shares % of Total Share Capital
Before Change
Shares carrying voting rights 36,080,600 5.77%
After Change
Shares carrying voting rights 36,080,600 5.51%

Transaction Information

The mode of acquisition was identified as an equity capital change due to warrant conversion. The transaction occurred on June 30, 2026. The equity share capital of Zee Media Corporation Limited before the acquisition was 625,428,680 shares, which increased to 655,428,680 shares after the event. The total diluted share capital post-transaction stands at 655,428,680 shares.

Historical Stock Returns for Zee Media Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%-3.83%-2.13%-4.82%-44.70%-36.48%

Does Acacia Partners intend to increase its stake in Zee Media beyond the current 5.51%?

How will the dilution from the warrant conversion impact Zee Media's earnings per share moving forward?

Will Acacia Partners seek board representation or influence strategic decisions at Zee Media?

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