ZEE Media Corporation’s arm enters into agreement to invest Rs 8.76 crore in PR firm Newsreach
By
Biju Kumar
ZEE, through its wholly owned subsidiary IDPL, has entered into an aggreement with Media, PR & Advertising firm Newsreach to invest Rs 8.76 crore.
The investment will be done through subscribing to equity shares and/or convertible equity linked instruments (Optionally Convertible Redeemable Preference Shares) of Newsreach.