Zee Media has announced that its Board of Directors will meet on Friday, September 27, 2024, to discuss and approve raising funds through the issuance of permissible instruments or securities.
This could include private placements, qualified institutions placements, or preferential issues, among other methods, subject to necessary approvals.
The company received prior approval from both the Board of Directors and its shareholders on June 26, 2024, and August 10, 2024, respectively.
Additionally, the trading window for dealing in Zee Media securities will remain closed from the date and time of this announcement until 48 hours after the company declares its unaudited financial results for the quarter ending September 30, 2024.
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zee media