Corporate Announcement
Security Code : 532794    Company : ZEEMEDIA    
 
Outcome of Board Meeting (Board approves Rights Issue of equity shares) 
  Exchange Disseminated Time     
Zee Media Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 20, 2014, inter alia, has approved, in-principle, raising of funds for an amount of not exceeding Rs. 200 Crores through issue of equity shares of the Company to its eligible shareholders on a rights basis in accordance with the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and other applicable laws (the “Rights Issue”).
 

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