Zee Media: ACACIA Partners Discloses 5.51% Shareholding
Zee Media Corporation Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from ACACIA Banyan Partners and its associated entities. The filing indicates that ACACIA Banyan Partners, along with ACACIA PARTNERS, LP, ACACIA II PARTNERS LP, ACACIA INSTITUTIONAL PARTNERS, LP, and ACACIA CONSERVATION FUND LP, collectively hold 36,080,600 shares, representing 5.51% of the company's paid-up equity capital. This disclosure follows a previous reporting at 7.66%, indicating a fluctuation of 2.15%. The filing details the shareholding before and after the acquisition/sale, which in this instance was zero shares acquired or sold, with the current holding remaining at 5.51%.
Key Highlights
- ACACIA Partners group disclosed shareholding in Zee Media.
- Total holding stands at 5.51% of paid-up equity capital.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations.
- Previous holding was reported at 7.66%, showing a 2.15% fluctuation.
- No shares were acquired or sold in this transaction.
Price Impact
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