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Zee Media Corporation to acquire up to 100% equity stake in Maurya TV

04 Oct 2013 Evaluate

Zee Media Corporation has received an approval to acquire up to 100% equity stake in Maurya TV, an entity engaged in the business of broadcasting of a regional News and Current Affairs Television Channel 'Maurya TV' in the state of Bihar & Jharkhand.

The board of director at its meeting held on October 03, 2013 has approved for the same. The above acquisition will be however subject to appropriate regulatory approvals.

Zee Media Corporation operates news, current affairs and entertainment channels. The company operates a range of regional channels namely Zee Marathi, Zee Bangla, Zee Punjabi, Zee Gujarati, Zee Telugu, Zee Kannada.

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