StockWatch
·
TV Broadcasting & Software Production
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.