Zee Media Share Price Today Rallies on Fresh Business Update | Check Details

Zee Media Corporation

The company's board of directors allotted 3,960 FCCBs to Sun India Opportunities Investing Fund worth US $1000 each. It matured in 10 years.

"We wish to inform that upon receipt of Subscription money towards the 5% coupon, unsecured, unlisted Foreign Currency Convertible Bonds ("FCCBs"), from Sun India Opportunities Investing Fund 'incorporated VCC sub-fund' ('Investor'), the Securities Issue and Allotment Committee ('SIA') of the Company at its meeting held today i.e. July 30, 2026, has, inter-alia, approved the allotment of 3,960 FCCBs of US$ 1000 each, on a private placement basis to the Investor," stated the company in its BSE filing released on Thursday. There is no change in the paid-up share capital of the company at the stage upon allotement of FCCBs to the investors.

Post allotment, investors are entitled to receive an aggregate of 2,51,70,552 fully paid-up equity shares, upon conversion of 3,960 FCCBs of US$ 1000 each allotted to them, at a conversion price of Rs. 13.50 per equity share.

Zee Media Share Price Trend

The stock opened higher on Friday. It touched its 52-week high mark of Rs 13.62 per share on BSE on July 31, 2025. The stock dipped to its 52-week low mark of Rs 6.70 per share on March 30, 2026. The stock has declined 11.9% in one month and around 43% in one year.

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