Zee Media Corporation Limited — Important, 07-11-2024: Updates

Zee Media Corporation Limited has submitted a certificate from its statutory auditors confirming compliance with SEBI regulations related to the preferential issuance of 13,33,33,333 fully convertible warrants to non-promoter entities. The total consideration received amounts to approximately ₹50 crore, indicating successful fundraising as part of their corporate strategy. The report affirms that all necessary conditions have been met concerning this issuance.