Zee Media Corp raises Rs 230 crore via non-convertible debentures
Zee Media Corporation on Wednesday said it has raised Rs 230 crore through issuance of non-convertible debentures (NCDs) on private placement basis. "The board of directors of the company at their meeting... has approved the allotment of 2,300 unrated, unlisted, secured, redeemable nonconvertible debentures bearing a face value of Rs 10,00,000, each for cash at par, aggregating to Rs 230 crore on a private placement basis," the company said in a regulator y filing.