Zee Media rises 5% as board approves raising funds by issuing foreign bonds

Zee Media Corporation shares gained 5.1 per cent on Wednesday, April 9, 2025, logging an intraday high at ₹13.5 per share on BSE. The northward movement in the stock came after the company approved raising funds by issuing 5 per cent coupon, unsecured, unlisted, Foreign Currency Convertible Bonds (FCCBs) up to $465,90,000, with a maturity of 10 years which opened on Tuesday, April 8, 2025.