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Management change

Zee Media Corporation Raj Kumar Gupta steps down

Zee Media Corporation (ZEEMEDIA) said Raj Kumar Gupta has ceased. The company is valued at about ₹478 crore.

BCEIE News Desk · Published 30 Sept 2026, 07:43 pm IST · Filing received 30 Sept 2026, 07:28 pm IST

What happened

In a filing with the NSE on 30 September 2026 at 07:28 PM, Zee Media Corporation (ZEEMEDIA) said that Raj Kumar Gupta has ceased.

From the filing: "Zee Media Corporation Limited has informed the Exchange regarding Cessation of Mr."

Company snapshot

Zee Media Corporation is a micro-cap company, with a market value of about ₹478 crore.

The stock last traded at ₹7.29, against a 52-week range of ₹6.65–₹11.89 (38.7% below the high).

Before this filing the shares had moved −18.4% over the month and −16.4% over three months. Average daily turnover over the last 20 sessions was about ₹1.26 crore.

Promoters held 9.04% at the end of Q1 FY27, down 0.44% points from the previous quarter. Foreign institutions owned 19.75% and domestic institutions 4.12%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26182-8.8-0.14
Q2 FY26179-15.5-0.25
Q3 FY2624052.80.84
Q4 FY26158-26.5-0.42
Q1 FY27191-12.1-0.19

What history shows

BCEIE's records show 7 previous management change filings from the company since May 2026.

After those filings, the stock fell 2.2% on average the next trading day and was down 1.9% on average after five days (6 filings with price data).

Market-wide, 3,837 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
27 Jul 2026Submission Of Certificate From Statutory Auditors In Terms Of…−3.9%−11.4%
10 Jul 2026Management change−0.1%−2.2%
9 Jul 2026'Submission of Certificate from Statutory Auditors in terms of…−1.2%−2.9%
25 Jun 2026Submission Of Certificate From Statutory Auditors In Terms Of…−1.8%+3.5%
13 Jun 2026Re-appointment of Ms. Swetha Gopalan as Non- Executive Independent…−3.7%+0.5%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.