Zee Entertainment Shares Crash 15% As Lenders Challenge NCLT Approval Of Subhash Chandra Repayment Plan
Shares of Zee Entertainment Enterprises Ltd (ZEEL) plunged as much as 15% on Monday after dissenting lenders indicated they would challenge the National Company Law Tribunal’s (NCLT) approval of Subhash Chandra’s personal insolvency repayment plan. The stock opened at ₹100.85 and quickly came under intense selling pressure, falling to an intraday low of ₹87 on the BSE. At 12:50 pm, ZEEL was…
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