Zee Shares Crash Over 14% After Lenders Move Against Subhash Chandra’s Plan
Shares of Zee Entertainment Enterprises fell over 14% on Monday, extending their decline to around 17% in four sessions, after the National Company Law Tribunal (NCLT) approved a repayment plan for Essel Group founder Subhash Chandra involving a 99.97% haircut on admitted creditor claims.
Shares of Zee Entertainment Enterprises fell over 14% on Monday, extending their decline to around 17% in four sessions, after the National Company Law Tribunal (NCLT) approved a repayment plan for Essel Group founder Subhash Chandra involving a 99.9... [1874 chars]
