Zeel
Recent Highlights
All Stories for Zeel
Subhash Chandra to take role of chairman emeritus at Zee Entertainment; R Gopalan appointed new chairman
Fp Staff •Zee Entertainment Enterprises Ltd on Tuesday posted a consolidated net profit of Rs 29 crore for the quarter ended June, down 95 percent from Rs 530 crore in Q1 FY20
Two former directors of Zee Entertainment flagged issues; company says matter discussed, acted upon
•Two former directors of Zee Entertainment - Subodh Kumar and Neharika Vohra - who resigned from its board, had raised concerns over several issues, including Rs 2,200 crore film advance given in 2018-19, according to a regulatory filing by the firm
Zee Entertainment shares down over 7% after Subhash Chandra's resignation; m-cap declines by Rs 2,300 cr
•Shares of Zee Entertainment Enterprises on Tuesday plunged over 7 percent after Subhash Chandra resigned as chairman of his flagship company
Subhash Chandra resigns as chairman of Zee Entertainment Enterprises with immediate effect
•Zee Entertainment Enterprises Ltd (ZEEL) on Monday said its promoter Subhash Chandra has resigned as chairman of the company's board, with immediate effect
Subhash Chandra retains control of ZEE despite founder's stake in company reduced to 5%
Fp Staff •On Thursday, shares of ZEEL zoomed over 12% after Essel Group said it is planning to sell 16.5% stake in its flagship firm to meet its loan repayment obligations.
Essel Group suffers setback as SEBI chief Ajay Tyagi questions extension given by lenders for debt repayment
Fp Staff •The fund houses had an outstanding of over Rs 11,000 crore from Essel Group and had done the unprecedented in granting it more time to repay the debts.
Mutual fund houses grant more time to Essel Group for loan repayment; company makes some part payments to creditors
•The fund houses had an outstanding of over Rs 11,000 crore from Essel Group and had done the unprecedented in granting it more time to repay even in the face of massive corrections in the share prices of ZEEL.
Zee Entertainment continues to fall for straight sixth day, plunges nearly 10% to five-year low
Fp Staff •The shares of Zee Entertainment fell 22 percent in six days from Rs 350 on 13 September to Rs 272 on Monday.
Essel group completes first tranche of stake sale in ZEEL, will divest more to meet MF commitments
•Subhash Chandra-led Essel Group on Tuesday said it has part-completed its promoter stake sale in flagship Zee Entertainment Enterprises, and is working on more divestments to pay off the Rs 13,000 crore owed to lenders
Zee Entertainment shares plummet 10% amid concerns over stake sale by promoters
•Zee Entertainment Enterprises shares tumbled 9.72 percent to close at Rs 333.30 on the BSE. During the day, it dived 12.66 percent to Rs 322.45