ZEE snaps 6-day losing streak, rises 8% on re-inclusion in NSE F&O segment
The stock had fallen 15% in the last six sessions after the NCLT last week allowed initiation of insolvency proceedings against the Essel Group company.
siti networks company
February 2023
February 2022
ZEEL shares extend fall despite NCLAT relief; slump 14% in three sessions
The NCLAT has stayed bankruptcy proceedings against ZEEL initiated by the NCLT on IndusInd Bank’s plea under the Insolvency and Bankruptcy Code (IBC).
Why Zee Entertainment shares fell for five sessions
ZEEL shares dropped nearly 5% on Friday after the NSE barred the media company from the futures and options (F&O) segment of the exchange.
NCLT admits insolvency plea against Zee Ent; stock falls 10%
The NCLT has admitted a petition filed by IndusInd Bank after ZEEL failed to fulfil its debt obligations regarding payment of ₹83 crore loan issued to Siti Networks.
IndusInd Bank files bankruptcy against Zee over default
The case pertains to alleged default of ₹83.08 crore term loan facility issued by IndusInd Bank to Siti Networks, a cable TV operator promoted by Subhash Chandra-led Essel Group.
