Zee Media Corporation Ltd

Cessation: Independent Director

• Raj Kumar Gupta ceased as Independent Director on Sept 30, 2026 after completing second term; ceased committee roles.

Zee Media Corporation Ltd trading window closed from October 01, 2026 until completion of 48 hours after the declaration of the Un-audited Financial Results for the Second quarter and six months (Q2) ended September 30, 2026 of FY 2026-27

AGM Details

• 27th AGM held on 22 September 2026 at 11:30 IST via VC/OAVM.
• Record date for voting entitlements: 15 September 2026; shareholders on record: 186,918.
• Remote e-voting, 19–21 September 2026; AGM e-voting extended to 12:29 IST.
• AGM duration: 11:30–12:14; about 70 shareholders attended via VC.

Resolutions

• Resolution 1 (Ordinary): Adopt annual audited financial statements and consolidated statements for FY 2025-26.
• Resolution 2 (Ordinary): Re-appoint Surender Singh as Director by rotation.
• Resolution 3 (Ordinary): Ratify remuneration of Cost Auditors for FY 2026-27.

Voting Results

• All resolutions passed by requisite majority; no material dissent reported.
• Scrutinizer's report submitted; results uploaded on company and NSDL websites.

Dividend

• No dividend proposed or declared at the AGM.

Director Changes

• Surender Singh reappointed as Non-Executive Director (by rotation).

Auditors / Remuneration

• Remuneration of Cost Auditors for FY 2026-27 ratified.

Material Related Party Transactions

• No material related party transactions disclosed for approval.

Other Material Approvals

• No additional material approvals reported.

AGM notice and annual report access

• 27th AGM to be held on Sep 22, 2026 at 11:30 IST via VC/OAVM.
• Annual Report 2025-26 available online; weblink provided.
• Letters dispatched to shareholders without registered email addresses.
• E-voting window: Sep 19, 2026, 9:00 IST to Sep 21, 2026, 17:00 IST.
• Cut-off date for e-voting: Sep 15, 2026.
• Notice and Annual Report available on NSDL, BSE, and NSE websites.
• Weblink for Annual Report: https://admin.zeemedia.in/storage/annual-report/Annual-Report-2025-26.pdf.
• KYC updates required for members with missing details; SEBI forms for physical shares.
• Electronic holders should update via their Depository Participant.

Overview

• Standalone disclosures pertain to Zee Media Corporation Limited.
• Main activity is satellite TV broadcasting with advertising, subscriptions, and content licensing.
• PAN-India operations; exports account for 14.36% of turnover; 19 offices nationwide.

Key ESG Risks & Opportunities

• Human rights risk due to workforce practices; mitigated by Code of Conduct and whistleblower policies.
• Health and safety risk for reporters; mitigated by safety guidelines and protective equipment.
• Data privacy risk; mitigated by data privacy policies and quarterly audits.
• Copyright and piracy risk; mitigated by content encryption and access controls.
• Bribery and corruption risk; mitigated by Code of Conduct and internal controls.
• Energy management opportunities; potential cost reductions from uninterrupted electricity use.
• Community engagement opportunities to build goodwill and social license.

Governance & Policy Highlights

• Policies approved by Board or delegated authority; periodic reviews.
• Key policies include Code of Conduct, Vigil Mechanism/Whistle Blower, Vendors Code, CSR Policy.
• Policies publicly accessible on the company website in investor section.
• No dedicated sustainability committee.
• FY25-26 shareholder complaints: 2; customer complaints: 16.
• Assurance: Not Applicable.

Social Responsibility & Workforce

• Total employees: 2,042; permanent 1,568; non-permanent 474.
• Permanent staff: 1,239 male, 329 female; non-permanent: 423 male, 51 female.
• Well-being spending: 0.48% of revenue.
• LTIFR nil; no fatalities reported.
• Board female representation: 16.7% (1 of 6 directors).
• Gross wages paid to females: 16% of total wages.
• Equal opportunity policy exists within Code of Conduct.

Environmental Performance

• Non-renewable electricity use: 35,240 GJ; renewables none.
• Energy intensity: 6.17 GJ per million turnover.
• Water withdrawal: 886 kilolitres; water intensity 0.16 kilolitres per million turnover.
• Waste data not recorded; waste handled via external vendor; no hazardous waste.
• GHG data not disclosed; no external assurance.

Stakeholder Engagement & Complaints

• Key stakeholder groups: shareholders, government/regulators, advertisers, employees, viewers.
• Engagement channels include meetings, emails, website, and stock exchange notices.
• Complaints: 2 from shareholders; 16 from customers in FY25-26.
• NBDSA consumer grievance mechanism provides escalation path.
• Data privacy complaints: Nil.

Other Notable Metrics

• RPTs: purchases from related parties 5.96%; sales to related parties 10.73%.
• Loans/advances to related parties 1.84%; investments in related parties 95.37%.
• Direct MSME supplier share 9.66%; district/neighboring suppliers 82.57%.
• Export turnover 14.36% of total turnover.
• Cybersecurity/data privacy policy available on investor site: https://zeemedia.in/investorinfo.
• No product recalls; data breaches: nil.

Financial highlights (Consolidated)

• Revenue: ₹7,591.75m, up 22.07% YoY.
• EBITDA: ₹1,056.99m; turnaround from FY25 loss.
• Net PAT: ₹18.92m.
• Licensing revenue: ₹1,301.90m.
• Geographic revenue: India ₹6,143.00m.
• Geographic revenue: Rest of World ₹1,448.75m.
• Export share of turnover: 14.36%.
• Net debt: ₹95.65m.
• Gearing: 2.11%.
• Dividend: No dividend declared.