Zee Media EGM Set for June 13 to Approve ₹119 Cr Warrants
Published on: May 23, 2026, 5:35 a.m. | Source: scanx.trade
Zee Media Corporation Limited has scheduled an Extra-Ordinary General Meeting (EGM) on June 13, 2026, to approve the issuance of up to 14,00,00,000 fully convertible warrants aggregating ₹119 crore to three Foreign Portfolio Investors. The warrants are priced at ₹8.50 each, including a premium of ₹7.50, and are convertible within 18 months. Additionally, the EGM will seek shareholder approval for the re-appointment of Ms. Swetha Gopalan as an Independent Director for a second term of five years.
