AUV Innovations LLP Acquires 10 Million Shares of Zee Media Corporation; Stock In Focus

On August 21, 2025, promoter group firm AUV Innovations LLP announced that it had purchased 10,000,000 equity shares of Zee Media Corporation Limited through an open market transaction.

Post the above transaction, the shares of Zee Media Corporation on Monday, 25th August ended 2.28% lower at Rs 12.42 per share on the NSE with a market cap of Rs 777.42Cr.

AUV Innovations LLP held 23,984,375 shares prior to this transaction, representing a 3.83% voting capital holding. Their stake of 1.60% of the total voting capital was enhanced by the purchase of 10,000,000 shares. Following the acquisition, 33,984,375 shares, or 5.43% of the total voting shares, are held by AUV Innovations LLP in Zee Media Corporation Limited. Ravinder Kumar Dogra, the authorized signatory for AUV Innovations LLP, submitted a disclosure on August 22, 2025, informing the BSE Limited and the National Stock Exchange of India Limited of this information.

Meanwhile, the credit rating for Zee Media Corporation Limited's long-term bank facilities has been revised by CARE Ratings Limited, per a statement submitted to the BSE and NSE on August 1, 2025. The outlook for the Rs 50 crore fund-based limitations has been revised from "Negative" to "Stable," although the rating has been confirmed as "CARE BB."

As per a regulatory statement, this revision is based on the company's improved performance, including a narrowing of its Profit Before Interest, Lease, Depreciation, and Taxation (PBILDT) loss in FY25 and a recovery in its PBILDT margin in Q1 FY26.

For the first quarter of the current fiscal year (Q1 FY26), Zee Media Corporation (ZMCL) recorded a net loss of Rs 8.81 crore, compared to a net loss of Rs 10.38 crore during the same time last year. During the reporting quarter, the private media company's revenue from operations climbed by 3.63% to Rs 182.36 crore, up from Rs 175.96 crore in the first quarter of FY25. ZMCL's total expenses for the June quarter were Rs 194.55 crore, which was less than the Rs 199.30 crore reported in the first quarter of FY25. ZMCL's total income increased from Rs 177.35 crore in the same quarter last year to Rs 183.11 crore in the June 2025 quarter, a 3.24% growth.

With a 52-week high of Rs 26.35 and a low of Rs 10.96, Zee Media Corporation's share price was about Rs 12.42 as of August 25, 2025. With returns of -8.79% over the last month and a loss of more than 35% so far in 2025, the company's stock has been trending downhill.