Zee Media Corporation Limited - 532794 - Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On November 08, 2022
Board of Directors of the Company at their meeting held today, i.e. November 8, 2022 has inter-alia : Considered and approved the Un-Audited Financial Results of the Company for the second quarter and half year ended September 30, 2022 of the Financial Year 2022-23, both on standalone and consolidated basis, prepared under Ind-AS, duly reviewed by Ford Rhodes Park & Co. LLP, the Statutory Auditors of the Company, pursuant to Regulation 33 of SEBI LODR, together with Limited Review Report thereon; and Took note of the requisite corporate approvals in relation to the terms of settlement with Diligent Media Corporation Limited in respect of the receivables and approved the execution of the Settlement Agreement. Basis the requisite approvals in place and upon execution of the Settlement Agreement, the Companies shall be taking necessary steps to consummate the transaction08-11-2022