Allots 3,960 FCCBs worth US$3.96M to Sun India Opportunities Fund

Fund Raising View source PDF Explain this filing

ZEEMEDIA · price

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Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹7.42

prior close

₹7.46

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+0.5% vs market

TV Broadcasting & Software Production peers, median of 15sector+0.0%+1.6% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.6 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+0.9

15m

+0.9

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+1.1+0.5+0.0+1.6

Next day

-3.0+2.4-5.4-0.0-2.9

-4.4+2.9-7.3+0.5-4.9

-6.3+4.2-10.5-0.3-6.1

-4.3+4.6-8.9-1.0-3.3

-3.6+4.6-8.2-0.5-3.2

-4.9+4.4-9.2-1.1-3.8

15d

+26.4+5.7+20.7-0.4+26.8

+16.8+6.6+10.3-1.0+17.9

-2.3+5.4-7.7-8.0+5.7

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UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Zee Media has allotted 3,960 unsecured FCCBs at US$1,000 each (total about US$3.96 million) to Sun India Opportunities Investing Fund on a private placement basis. The FCCBs carry a 5% coupon, mature in 10 years, and can be converted at Rs.13.50 per share into about 2.51 crore equity shares. Paid-up share capital is unchanged for now; conversion happens only if the investor opts in.

Likely market impact

Potential dilution of about 2.51 crore shares if FCCBs are converted. No immediate equity dilution. Low-cost fundraising via convertibles.