Owing to debt levels at promoter level, Zee Media along with other group companies' shares were pledged. In January 2019, 72.92% of promoter's 67.02% stake of Zee Media Corp was also pledged, after which there was a sale of shares by some lender/promoter over the said concerns. Currently, promoter holding in Zee Media as of June 2019 is at 55.12%, out of which 93.55% is pledged. We also note the uncertainty faced by Zee Media (saw a sharp correction of 63% in stock price last year). Moreover, promoters also made clear what their priority would be given Zee Entertainment and Dish...