Small-cap stock under ₹50: Zee Media sets board meeting date to consider fundraise. Details here

Small-cap stock under ₹50: Shares of Zee Media Corporation were in focus in trade on Friday, April 4, after the company said it would meet next week to consider raising funds.

“Notice is hereby given that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, April 8, 2025, inter alia, to consider and approve the proposal for fund raising through the issuance of equity shares / convertible bonds / debentures / warrants / preference shares / any other equity linked securities (“Appropriate Securities”) through permissible modes, including but not limited to a private placement, preferential issue, or any other method or combination of methods, subject to such regulatory/statutory approvals, as may be required,” the company said in an exchange filing after stock market hours on Thursday.