
Board Meeting18 May 2026, 08:51 pm
Zee Media re-appoints Swetha Gopalan as Independent Director
AI Summary
Zee Media Corporation Ltd's board re-appointed Ms. Swetha Gopalan as an Independent Director for a second term of five years, commencing August 1, 2026, and ending July 31, 2031. The board also approved the issuance of up to 14,00,00,000 warrants at ₹8.50 each, totaling up to ₹1,19,00,00,000, convertible into equity shares for public category entities on a preferential basis. An Extraordinary General Meeting will be held on June 13, 2026, to seek shareholder approval for both the warrant issuance and the re-appointment.
Key Highlights
- Swetha Gopalan re-appointed as Independent Director for five years.
- Board approves issuance of up to 14,00,00,000 warrants at ₹8.50 each.
- Warrants convertible into equity shares for public category entities.
- EGM scheduled for June 13, 2026, to approve warrant issuance and re-appointment.
Price Impact
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