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Zee Media Corporation to raise funds up to Rs 200 crore

21 Oct 2014 Evaluate

Zee Media Corporation has received an in-principle approval for raising of funds for an amount not exceeding Rs 200 crore through issue of equity shares of the company to its eligible shareholders. The board of directors at their meeting held on October 20, 2014 has approved for the same.

Zee Media Corporation operates a range of regional channels namely Zee Marathi, Zee Bangla, Zee Punjabi, Zee Gujarati, Zee Telugu, Zee Kannada.

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