Held on 15 December 2016
Zee Media Corporation announced that while reviewing various funding options for the Radio business being acquired by the Company, the Board of Directors of the Company at the meeting held on 15 December 2016 had granted in-principle approval for availing Secured Loan of upto Rs. 500 crore from Arm Infra & Utilities, one of the Promoters of the Company.Further, at the said meeting held on 15 December 2016, the Board had also approved a Notice seeking Shareholders approval for certain proposals by way of Postal Ballot / E-voting.
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