Announced Tue, 30 Jun · 21:13 IST
Zee Media allots 3 crore shares on warrant conversion to FPI
ZEEMEDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹8.46
prior close
₹8.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.6+1.8+2.6+2.2+1.4-1.2-0.7-3.0-2.0-6.6———
Up moveDown movePending
AI summary
Zee Media allotted 3 crore equity shares to Sun India Opportunities Investing Fund, an FPI, on June 30, 2026, upon conversion of warrants issued on a preferential basis. The company received 19.125 crore rupees as the 75 percent balance of the 8.50 rupee per share warrant issue price. The allottee still holds 2 crore warrants pending conversion. Paid-up capital rose to 65.54 crore rupees from 62.54 crore rupees.
Likely market impact
About 3.33 percent equity dilution on fully diluted basis; FPI backing signals confidence. Short-term supply pressure possible as shares list.