Q1 FY27 Update: ₹50 Cr Forfeited from Cancelled Warrants, New Fundraise Underway
Zee Media Corporation Limited · ZEEMEDIA · NSE ·
• <b>₹50 Cr Forfeited:</b> The company cancelled its ₹200 Cr warrant issue from 2024 after allottees failed to pay the balance. The upfront payment of ₹50 Crore was forfeited, resulting in a gain for the company. • <b>New ₹119 Cr Fundraise Active:</b> A new preferential warrant i…