Changing Ourselves With Unchanged Conviction

It takes a lot of courage and conviction to accept change.

It takes even more to change oneself.

At ZMCL, we have been evolving and refreshing ourselves over the past twenty-eight years. Adapting to new technology, experimenting with formats, and adding new languages and geographies to our offering.

At the core of it is our unshakable belief in what we do, bringing news that matters to people that matter.

You.

Annual Report 2022-23 | 1

C h a n g e a c r o s s p a g e s

CORPORATE OVERVIEW

Changing Ourselves With Unchanged Conviction

1

Transformational Developments FY23

4

About Zee Media Corporation Limited

7

ZMCL Channels & Digital Portfolio

9

Key Programs and Features

21

Zee Media Network Reach

24

Events, Shows and Engagements

25

Awards & Recognitions

29

Message from the Chairman

30

Board of Directors

32

Corporate Information

34

Caution regarding forward looking statements

Certain statements in this annual report concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We have tried wherever possible to identify such statements by using words such as 'anticipate', 'estimate', 'expect', 'project', 'intend', 'plan', 'believe' and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realized, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, our actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind.

We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

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MANAGEMENT REPORTS

Management Discussion & Analysis

36

Notice

59

Board's Report

77

Corporate Governance Report

117

Certification on Financial Statements

148

Business Responsibility and Sustainablity Report (BRSR)

149

FINANCIAL STATEMENTS

Standalone Financial Statements

176

Financial Ratios & Analysis

251

Consolidated Financial Statements

255

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Disclaimer

Zee Media Corporation Limited published this content on 07 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2023 08:16:11 UTC.