Zee Entertainment’s share price crashed over 6 per cent in morning trade on the BSE on Friday, July 11, after shareholders rejected a proposal to raise ₹2,237.44 crore from promoter group entities.
Zee Entertainment share price opened at ₹135.10 against its previous close of ₹141.90 and crashed 6.2 per cent to an intraday low of ₹133.05. The stock, however, pared losses and traded 2.26 per cent lower at ₹138.70 around 10 AM. Equity benchmark Sensex was 0.34 per cent down at 82,904 at that time.
(This is a developing story. Please check back for fresh updates.)
About The Author
