New Delhi, May 22 -- Zee Media Corporation share price traded higher on Thursday after the company announced that its promoter group entity, a Mumbai-based domestic institutional investor (DII), has acquired a stake in the company. Zee Media shares gained as much as 2.62% to Rs.14.88 apiece on the BSE.

AUV Innovations LLP, Zee Media Corporation's promoter group entity, has purchased 32 lakh equity shares of Zee Media Corporation, representing 0.51% stake in the company, in two tranches, through on-market transactions. The total value of the shares purchased is approximately Rs.4.9 crore.

"...we wish to inform you that we, AUV Innovations LLP, have acquired 2,40,000 shares on 16th May, 2025 and 29,60,000 shares on 19th May, 2025 of Zee M...