Thursday 21 November 2019

Zee Entertainment Share Price Rises 15% On Stake Divestment

Zee Entertainment Enterprises share price rose 15 percent in the early trade on November 21 after promoters of the media house mulled selling their stake in the company.

Essel Group, a promoter of the company, is looking to sell up to 16.5 percent stake in the media company.

After the transaction, Essel's holding will come down to five percent in the company, out of which encumbered holding will be 1.1 percent.

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