Zee Media raises ₹19.12 crore as Singapore-based FII ups stake to 3.33%; converts 3 crore warrants into equity shares

Zee Media Corporation raised ₹19.12 crore by allotting 3 crore equity shares to Sun India Opportunities Fund after the investor exercised conversion rights on warrants. This increases the company's share capital to ₹65.54 crore, with the stock rising 1% post-announcement.