Zee Media Corporation Limited
has incorporated its Wholly Owned Subsidiary (WOS) company in the name of Rapidcube Technologies Private Limited on October 29, 2020, in terms of the Approval I Certificate of Incorporation issued by the Registrar of Companies, Ministry of Corporate Affairs.
The company’s board had approved the incorporation in a meeting on October 24, 2020. The incorporation of WOS will leverage the growth opportunities in the evolving digital space and will help the company in becoming more agile and customer focused.
At around 9.57 AM, Zee Media Corporation Ltd is trading at Rs4.75 per equity share down by Rs0.1 or 2.06% from its previous closing of Rs4.85 per equity share on the BSE.
The scrip opened at Rs5 and has touched an intraday high and low of Rs5 and Rs4.71 respectively