India's Zee Entertainment falls as shareholders block founding family's stake raise plan

Zee Entertainment Enterprises

11/07/2025 05:14

** Zee Entertainment Enterprises ZEE.NS falls 5.8% to 134.7 rupees; marks biggest one-day pct loss in more than three months

** Broadcaster fails to secure required shareholder votes to raise funds by issuing warrants, blocking plans by founding Goenka family to increase stake in co

** Stock rated "hold" on avg; median PT is 140 rupees, per data compiled by LSEG

** YTD, ZEE gains 13%

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))