Zee shares plunge 8% as promoters seeks extension of September 30 deadline
Updated : September 19, 2019 03:42 PM IST
Shares of Zee Entertainment Enterprises (Zee) slumped over 8 percent on Thursday after sources told CNBC-TV18 that Zee promoters met MF lenders for an extension of the September 30 deadline.
The company said that it remains focused on the repayment process and the decisions taken so far have been in the interest of the lenders.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more