Zee Media Corporation Limited
Minerva Ventures Fund acquired 4.50 crore shares of Zee Media Corporation Limited via a preferential allotment, establishing a 5.00% stake in the company.
A leading television broadcasting and news media company operating across multiple platforms in India. Zee Media Corporation provides news content, entertainment programming, and digital services through its network of television channels and online platforms. The company operates news channels in Hindi, English, and regional languages, serving diverse audiences nationwide and establishing itself as a significant player in India's broadcast journalism and media production sector since its inception.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.