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Latest news about Zee Media Corporation

Zee Media Corporation Seeks Shareholder Approval for Key Resolutions Jul 31, 2025

Zee Media Corporation Limited has announced three major resolutions for shareholder approval via postal ballot. These include re-appointing Mr. Susanta Kumar Panda as Independent Director for a five-year term and Mr. Dinesh Kumar Garg as Whole-time Director for three years. The company also proposes a remuneration package for Mr. Garg and commission payments to non-executive directors. These decisions come amid financial challenges, with the company reporting a loss after tax of Rs. 1,003.46 lakhs in FY 2025 and declining revenues. E-voting for shareholders is scheduled from August 1 to August 30, 2025.

Zee Media Corporation Seeks Shareholder Approval for Director Re-appointments and Commission Payment Jul 31, 2025

Zee Media Board Approves Director Re-appointments Amid Q1 Financial Challenges Jul 29, 2025

Zee Media Corp Reports Q1 Revenue Growth and Reduced Losses Jul 29, 2025

Zee Media Corporation: Q4 Loss Widens, Revenue Declines May 05, 2025

More news about Zee Media Corporation

08Apr 25

Zee Media Corporation Approves $46.6 Million Foreign Currency Bond Issuance

Zee Media Corporation Limited (ZMCL) has approved the issuance of Foreign Currency Convertible Bonds (FCCBs) worth $46.59 million (₹399.78 crore). The 10-year bonds will have a 5% annual coupon rate and a conversion price of ₹13.50 per equity share. The FCCBs will be issued as unsecured, unlisted bonds on a private placement basis to UNICO Global Opportunities Fund Limited and Sun India Opportunities Investing Fund. If fully converted, it could result in the issuance of up to 29,61,35,358 equity shares. The issuance complies with RBI guidelines and relevant regulatory requirements.

04Apr 25

Zee Media Corporation to Consider Fund Raising in Upcoming Board Meeting

Zee Media Corporation Limited (ZMCL) has announced a board meeting on April 8, 2025, to consider fund-raising through various means including equity shares, convertible bonds, debentures, warrants, and preference shares. The company has closed its trading window from April 1, 2025, until 48 hours after the declaration of FY 2024-25 Annual Audited financial results. The news has sparked investor interest, with ZMCL shares drawing attention during trading on April 4.

24Feb 25

Zee Media Shareholders Greenlight 49% FPI Limit Hike and ₹400 Crore Securities Issuance

Zee Media Corporation Limited's shareholders have approved two significant proposals: increasing the Foreign Portfolio Investment (FPI) limit to 49% and issuing securities worth up to ₹400 crore. These decisions aim to attract more foreign investment, strengthen the company's financial position, and potentially fuel future growth initiatives in India's media sector.

21Feb 25

Zee Media Shareholders Approve Increased FPI Investment Limit and Rs 400 Crore Security Issuance

Zee Media Corporation Limited (ZMCL) shareholders have approved two significant resolutions via postal ballot. The first increases the Foreign Portfolio Investors (FPIs) investment limit to 49% of the company's paid-up equity share capital, receiving 99.98% votes in favor. The second approves the issuance of securities up to Rs 400 crore, with 82.57% votes in support. The e-voting process, held from January 23 to February 21, 2025, saw participation from 538 shareholders. These approvals could potentially attract more foreign investment and provide financial flexibility for the company's future growth strategies.