Zee Entertainment shares up 7% as Punit Goenka resigns as MD
Goenka has been appointed as CEO to focus entirely on operational responsibilities; Mukund Galgali, CFO, will be deputy CEO.
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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.
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.
Invesco to sell 5.51% stake in Zee Entertainment; share jumps 6%
Invesco to pare half of its stake in ZEEL, which currently stands at 10.14%, that could fetch the investor as much as $169.5 million (around ₹1,300 crore).
Zee Entertainment Enterprises shares fall 3% in opening trade; here’s why
Zee Entertainment shares dropped 3.4% to ₹281.1 after Invesco, the largest shareholder of the entertainment major, decided to trim its stake in the company.
