Zee Media Corporation Capital Structure Change
Zee Media Corporation Limited announced the allotment of Foreign Currency Convertible Bonds (FCCBs). The filing details the capital structure update via this issuance.
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Zee Media Corporation Limited announced the allotment of Foreign Currency Convertible Bonds (FCCBs). The filing details the capital structure update via this issuance.
Zee Media Corporation submitted a revised Statutory Auditor certificate regarding the receipt of ₹19.125 Crore for the conversion of 3 crore warrants into equity shares.
Zee Media allotted 3 crore equity shares following warrant conversion by Sun India Opportunities Fund. The conversion at Rs. 8.50 per share represents a Rs. 25.5 crore capital infusion.
Unico Global Opportunities Fund acquired 4.5 crore warrants in Zee Media via preferential allotment. The acquisition represents a 5.035% stake on a fully diluted basis.
Zee Media allotted 3 crore equity shares upon warrant conversion at Rs. 8.50 per share. This transaction raised Rs. 25.50 Crore from Sun India Opportunities Investing Fund.
Zee Media allotted 3 crore equity shares upon warrant conversion. The process raised ₹19.125 Crore from Sun India Opportunities Investing Fund.
Magnifica Global Opportunities Fund disclosed a substantial share acquisition in Zee Media Corporation. The transaction is reported under SEBI Regulation 29(1) as a capital structure change.
Zee Media received Rs.29.75 Crore as upfront payment for fully convertible warrants. The issue was made to foreign portfolio investors on a preferential basis.
Zee Media Corp issued 95 million fully convertible warrants at ₹8.5 each, raising ₹807.5 million (₹80.75 Crore). The preferential issue expands capital without diluting existing equity.
Zee Media Corp issued 14 crore convertible warrants at ₹8.50 each, raising ₹119 crore from foreign investors. Warrants may be converted into equity within 18 months.
Zee Media forfeited ₹49.99 Crore as 13.33 crore warrants lapsed after investors declined conversion. This cancellation results in no change to the paid-up capital.
Zee Media Corporation Limited announced that three FPIs will not exercise conversion options for 13.33 Crore warrants valued at ₹199.99 Crore. These warrants, issued on a preferential basis, are due to expire on or before May 7, 2026. This non-conversion results in the lapse of the warrants without equity dilution.