Zee Media Corporation Limited — Board Meeting, 08-04-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting where it approved the issuance of Foreign Currency Convertible Bonds (FCCBs) up to USD 46.59 crore, with a 5% coupon and a 10-year maturity, to UNICO Global Opportunities Fund Limited and Sun India Opportunities Investing Fund. The conversion price for these bonds is set at Rs. 13.50 per equity share. This financing move is expected to enhance the company’s capital structure and support its growth strategy.