Outcome of Board Meeting
Zee Media Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 09, 2014, has approved allotment of 12,23,81,817 Equity Shares of Re. 1 each of the Company to the shareholders of Essel Publishers Pvt Ltd (EPPL) as at the Effective Date of May 27, 2014. The said issuance is in pursuance of Clause 5.1 of the Scheme of Amalgamation of EPPL with the Company approved by Honble Bombay High Court vide order passed on May 02, 2014.09-06-2014