BSECompany Update1d ago · 30 Jul 2026, 08:15 pm
Allotment of Foreign Currency Convertible Bonds ("FCCBs")
Zee Media Corporation Ltd · 532794
✦ AI SummaryFundraise
Zee Media Corporation Ltd has allotted 3,960 Foreign Currency Convertible Bonds (FCCBs) of US$ 1000 each to Sun India Opportunities Investing Fund 'incorporated VCC sub-fund' on a private placement basis. The FCCBs are 5% coupon, unsecured, and unlisted, maturing in 10 years. The allotment was approved by the Securities Issue and Allotment Committee (SIA) of the Company.
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Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
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Balance Sheet Risk6/10
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Market Sentiment5/10
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Full Announcement
Zee Media Corporation Ltd - 532794 - Announcement under Regulation 30 (LODR)-Allotment
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July 30, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers
Bandra- Kurla Complex, Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai- 400 001
NSE Symbol : ZEEMEDIA Scrip Code : 532794
Subject : Allotment of 5% coupon, unsecured, unlisted Foreign Currency Convertible
Bonds (“FCCBs”)
Reference : Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) read with Schedule III to the
Listing Regulations, as amended from time to time, and further to our intimation dated April 8,
2025, 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.
As the Company has allotted the FCCBs, there is no change in the paid-up share capital of the
Company at this stage upon allotment of such FCCBs to the Investor.
The disclosures pursuant to regulation 30 Listing Regulations read with relevant SEBI circulars are
enclosed as Annexure A.
Kindly take the same on record.
Thanking you,
Yours truly,
For Zee Media Corporation Limited
Ranjit Srivastava
Company Secretary & Compliance Officer
Membership No: F14007
Contact No.:+ 91-120-715 3000
Annexure A
Particulars Information
Type of securities proposed 5% coupon, unsecured, unlisted, Foreign Currency
to be issued Convertible Bonds, of US$ 1000 each maturing in 10 years
(viz. equity shares, (“FCCBs”).
convertibles etc.)
Type of issuance (further Private placement
public offering, rights issue,
depository receipts
(ADR/GDR), qualified
institutions placement,
preferential allotment etc.)
Total number of securities Allotment of 3,960 FCCBs to Sun India Opportunities
proposed to be issued or Investing Fund ‘incorporated VCC sub-fund’ upon receipt of
the total amount for which Subscription money from them.
the securities will be issued
(approximately)
In case of preferential issue, the listed entity shall disclose the following additional details
to the stock exchange(s):
Name of the Investors Sun India Opportunities Investing Fund ‘incorporated VCC
sub-fund’
[forming part of Public Category (i.e. Non-Promoter / Non-
Promoter Group entities)]
Post allotment of The Investor shall be entitled to receive an aggregate of
securities: 2,51,70,552 fully paid-up equity shares, upon conversion of
Outcome of the 3,960 FCCBs of US$ 1000 each allotted to them, at a
subscription conversion price of Rs. 13.50 per equity share, in accordance
with the terms of issue and applicable laws.
Issue Price I allotted price US$ 1000 per FCCB
(in case of convertibles)
Number of investors 1 (One)
In case of convertibles - The conversion of the FCCBs will be at the option of FCCB
Intimation on conversion of holder. The conversion price shall be Rs. 13.50/- per equity
securities or on lapse of the share (including premium of Rs. 12.50/- per equity share)
tenure of the instrument. which is subject to adjustments in accordance with the terms
agreed between the parties, and applicable law.
Any cancellation or Not applicable
termination of proposal for
issuance of securities
including reasons thereof.