Announced Thu, 25 Jun · 16:03 IST
Zee Media submits auditor certificate for warrants preferential issue to FPIs
Compliance View source PDF
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
+2.4%1-day move
₹8.26
prior close
₹8.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.9-0.7-1.0+2.4+5.8+4.7+3.9+1.2-0.6-1.9———
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AI summary
Zee Media filed auditor certificate confirming receipt of Rs 29.75 crore upfront payment (25% of issue price) from 3 Foreign Portfolio Investors for 14 crore fully convertible warrants on preferential basis at Rs 8.50 each. Warrants were approved by the board on 18 May 2026 and shareholders on 13 June 2026. Allottees are VCC-MGO Opportunities Fund (4.5 crore warrants), Minerva Ventures Sun India Opportunities Fund (4.5 crore warrants), and a Tune Incorporated sub-fund (5 crore warrants).
Likely market impact
Confirms regulatory compliance for the preferential issue. If warrants convert, existing shareholders will face equity dilution.