Zee Media Corporation Shares In Spotlight On Redeeming Rs 230 Cr Worth NCDs

Zee Media Corporation Limited was able to increase the value of its stocks by 2.52% on the 18th of January 2023. The companys stocks were valued at 18.74 Rs per share which shows a 0.56 rupee advance from their previous figure of 18.28 Rs per share. This growth in their stocks is quite spectacular as Zee Media has increased its share price by 87.4% from its all-time low of 10 Rs per share. The company currently has a market share of 1170 Crores.

Zee Media shared on 15 January 2025 that they will be redeeming 230 Crores worth of unrated and secured NCDs, this shows how strong the financial management of the company is and how dedicated they are towards repaying their debts.

ZMCL during its board of directors meeting approved several resolutions which are aimed to strengthen the company's financial position and attract foreign and domestic investors. In these resolutions, the company is looking to raise 400 Crores in funding which is a huge amount. They have also proposed to FPI and FII that the cap on their holdings should be increased from 24% to 49% of the company's paid-up share capital.

In November 2024, ZMCL earned the interest of FIIs after they increased their shares to over 2 million. As of September 2024, ZMCL had an estimated shareholding of 8.78% but after FIIs entered the game their shareholding increased to an estimated 11.98%.
In their quarterly results expected in FY25's second quarter, ZMCL reported a staggering net sale of 131 crores but also reported a loss of nearly 50 crores with approximations.

For the first half of FY25 ZMCL estimated net sales of 307 crores while the loss was still massively reported at 60 crores. Even in FY24, they reported Rs 638 billion which is in the top brackets and a great CD but their loss was still around Rs 88 billion. With all these debts ZMCL is still optimistic and caters to their long-term goal.

ZMCL is one of the Indian leaders in the Media market catering to global, national and regional audiences ever since its establishment in 1999. With over 15 TV Channels at their disposal alongside zeenews.com which engages over 280 million users in 9 different languages is more than enough reason for ZMCL to be considered a powerhouse. Likewise, their flagship Hindi news channel and Zee 24 Ghanta both led their respective markets.

Their strategies which include transcending "the Jaipuria Business and Leadership Conclave" all do an impeccable job of putting the audiences at the core.
Again, changing relativity, why shouldn't ZMCL be crowned as the largest digital news platform in India? According to a recent survey, ZMCL ZMCL expands its digital horizon even further and places itself in the third position for India's largest digital news platform.

The investment done in Flutrr Digimate Private Limited definitely is an amalgamation of innovation along with the solution that prepares the company for the future. That investment just like others will surely ensure ZMCL's growth in the competitive media industry and alongside growth in ZCL market share.