ALPHA TRIBE

Zee Media Corporation LimitedOthers, 01-08-2025: Corrigendum

01-08-2025 | 06:18 pm

Zee Media Corporation has issued a corrigendum to its postal ballot notice, correcting typographical errors in the financial figures presented to shareholders. The company clarified that previously stated figures for FY23-FY25, including revenue, EBITDA, and profits, were in 'Million' not 'Lakhs', and Basic/Diluted EPS were negative, not positive. For instance, FY25 Total Revenue was Rs 463.51 Cr, with a Profit After Taxes of Rs (100.35) Cr. This update is crucial for investors as these corrected financials underpin the proposed re-appointments of key directors and non-executive director remuneration, given the company's ongoing inadequate profits.

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