Zee Media Corporation Limited — Others, 29-07-2025: Monitoring Agency Report

Zee Media Corporation's Monitoring Agency Report for the June 2025 quarter confirmed no deviation in utilizing preferential issue funds. Of the Rs. 200 Crore issue, Rs. 50 Crore was received and fully used by December 2024 for payment of current liabilities and general corporate purposes. The remaining Rs. 150 Crore is still pending. The report noted concerns like the current share price being below the warrant exercise price and the company's recent PAT losses. Management affirmed efforts to boost business performance and active pursuit of further fundraising to enhance operational strength.