
Board Meeting13 May 2026, 08:41 pm
Zee Media Board to Consider Fund Raising on May 18, 2026
AI Summary
Zee Media Corporation Ltd has announced that a meeting of its Board of Directors is scheduled for May 18, 2026, to consider and approve proposals for fund raising. The fund raising may involve the issuance of equity shares or other securities convertible into equity shares through various permissible modes, including private placement or preferential issue. The decision is subject to necessary approvals, including those from the company's members and regulatory bodies. The trading window for dealing in the company's securities is closed since April 1, 2026, and will remain closed until 48 hours after the declaration of the Annual Audited Financial Results for FY 2025-26.
Key Highlights
- Zee Media board meeting set for May 18, 2026, to consider fund raising.
- Fund raising may involve equity shares or convertible securities issuance.
- Methods include private placement, preferential issue, or other means.
- Trading window closed since April 1, 2026, until after FY26 results.
- Fund raising is subject to shareholder and regulatory approvals.
Price Impact
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