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.
On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.3 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.
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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.
About 3.33 percent equity dilution on fully diluted basis; FPI backing signals confidence. Short-term supply pressure possible as shares list.