Zee Media Corporation Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Zee Media Corporation Limited has announced a board meeting to review the Statement of Deviation for the quarter ended December 31, 2024. The company confirmed that there was no deviation in the use of funds raised through a preferential issue of warrants amounting to ₹49.99 Crore. The Audit Committee has reviewed the statement, indicating that all proceeds were utilized as per the original objectives. This clarity on fund usage is likely to bolster investor confidence, reflecting a positive outlook for governance and operational transparency.