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Zee Media Corporation informs about Outcome of Board Meeting

18 Apr 2015 Evaluate

Zee Media Corporation has informed that in accordance with the terms of Letter of Offer dated March 16, 2015, the Board of Directors of the Company at the meeting held on April 18, 2015, has approved allotment of 10,86,43,732 Equity Shares of Re 1 each at the issue price of Rs 18 per equity share (including premium of Rs 17 per share) to the shareholders and renounces on Rights basis.

The above information is a part of company’s filings submitted to BSE.

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